The cabinet met on August 25, 2020 in a cabinet retreat held in Rayong province. Some of the resolutions are as follows:
The cabinet approved in principle the draft Royal Decree issued under the Revenue Code Regarding Reduction of Value Added Taxes (No…) B.E. … (Extension of value-added tax reduction), as proposed by Ministry of Finance.
The draft Royal Decree issued under the Revenue Code Regarding Reduction of Value Added Taxes (No…) B.E. … (Extension of value-added tax reduction) stipulates extension on value-added tax reduction at 6.3% (exclusive of local taxes) or 7% (inclusive of local taxes) for sales of goods and services, and importation of all cases from October 1, 2020 until September 30, 2021. This is in order to mitigate people’s burden on cost of livings, stimulate public consumption, and boost confidence of the private sector in continuing their business operations.
The cabinet approved extension of the Emergency Decree nationwide for another month during September 1-30, 2020, as proposed by the National Security Council.
At present, COVID-19 situation remains serious in several continents across the world, while Thai citizens living abroad have continually repatriated. Coupling with the Government’s decision to ease lockdown of high-risk activities and businesses to mitigate people’s plights and economic impact, it is still necessary for concerned officials to strictly implement both response and preventive measures in a unified manner to efficiently control the situation. Besides, the Emergency Decree would help the country and people in preparing for the transition to the New Normal.
The cabinet approved in principle the draft Royal Decree on exemption of toll fee for Motorway No. 7 and No. 9 for a specified period (No. …) B.E. …, as proposed by Ministry of Transport.
The draft Royal Decree prescribes exemption of toll fee for Motorway No. 7 (Bangkok-Pattaya), and No. 9 (Kanchanaphisek Rd.- Bang Pa-in- Bang phli section and Phra Pradaeng- Bang Khun Tian Interchange section) from 0001hrs of September 3, 2020 to 2400hrs of September 8, 2020. This is to facilitate people’s traveling during the long holidays.
Source: Cabinet Meeting (Prayut Chan-o-cha) August 25, 2020