The cabinet on Tuesday agreed to cut the excise tax on diesel by 3 baht per litre, from 5.99 baht currently, for three months to help mitigate the impact of high energy prices, deputy finance minister Santi Promphat told reporters. The cabinet approved a draft decree to cut the tax from February to April, a source at Government House said. It would take effect after publication in the Royal Gazette. The move came on the expiration day of a seven-day ultimatum set by truckers to reduce the high prices. On Feb 8, the Land Transport Federation of Thailand (LTFT) brought about 50 heavy lorries to …

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