Meeting with H.E. Mr. Wisudhi Srisuphan, Chairman of NLA Special Committee on Draft Excise Tax Act and Deputy Minister of Finance

Meeting with H.E. Mr. Wisudhi Srisuphan, Chairman of NLA Special Committee on Draft Excise Tax Act and Deputy Minister of Finance

On 23 November 2016, the EABC President, Mr. Rolf-Dieter Daniel, met with H.E. Mr. Wisudhi Srisuphan, Chairman of the National Legislation Assembly (NLA) for Special Committee on Draft Excise Tax Act and Deputy Minister of Finance to discuss about Draft Excise Tax Act.

The EABC Delegation consisted of Mr. Stefan Teuchert, Chair of Automotive Working Group, Mr. Nirut Kunnawat, Chair of IPR Working Group, Mr. Chaladbhum Temkasem, EABC Policy Manager, and the Food and Beverages Working Group’s representatives. The meeting aimed to resolve trade disputes for businesses to disclose their price structure, namely manufacturing costs, administrative expenses and standard profits. In addition, the EABC urges the Ministry of Finance to take precautionary steps for the implementation of “Revenue Neutrality” concept that it should not increase tax burden to businesses.  On this occasion, the Deputy of Finance, invited the EABC to participate in the working committee to provide inputs for subordinate laws.