Customs Revenue Surpasses Target by 8.3 Billion Baht in 4 Months

Khaosod•Economy•8h ago

Reader Briefing

Thailand's Customs Department has surpassed its revenue targets for the first four months of fiscal year 2026, collecting 191 billion baht, an excess of 8.3 billion baht or 5%, driven by increased vehicle production and purchases before tax adjustments.

•The Thai Customs Department collected 191 billion baht in revenue during the first four months of fiscal year 2026.
•This figure exceeds the budget estimate by 8.3 billion baht, or 5%.
•The revenue surplus is attributed to increased vehicle production and imports before new tax structures took effect in January 2026.
•Changes in vehicle tax structures for electric, hybrid, and combustion engine vehicles have also impacted revenue.

Overview

•During the first 4 months of fiscal year 69 (October 2025 – January 2026), revenue was collected.
•The Customs Department collected 1.91 hundred billion baht in revenue during this period, resulting in exceeding the target.
•The collected revenue was higher than the estimated budget by 8.3 billion baht, representing a 5% surplus.
•Increased production and purchase of vehicles prior to the new tax structure effective February 17, 2026, contributed to the tax revenue.
•The tax structure for vehicles, including internal combustion engines (ICE), electric vehicles (EV), and hybrid vehicles, has undergone significant changes.
•Electric vehicles participating in government promotion programs still benefit from a 2% tax rate for another 2 years, due to their participation.
•Electric vehicles not participating in support programs saw their tax rate increase from 8% to 10% starting January 2026, resulting in an approximate 20,000 baht increase per 1 million baht vehicle.
•Hybrid vehicles produced domestically and meeting conditions, such as using local parts and installing ADAS, saw their tax rate increase from 4% to 6%; imported hybrid vehicles saw their tax rate increase from 8% to 10%.

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Key Quotes

Porchai Theeravej

"The overall revenue collection remains on target. In the first 4 months of fiscal year 69 (Oct 2025 – Jan 2026), revenue collected was 191 billion baht, exceeding the budget estimate by 8.3 billion baht, or 5%."

ภาพรวมการจัดเก็บรายได้ ยังสามารถจัดเก็บได้ตามเป้าหมาย ในช่วง 4 เดือนแรกของปีงบประมาณ 69 (ต.ค. 68 – ม.ค. 69) สามารถจัดเก็บรายได้ 1.91 แสนล้านบาท สูงกว่าประมาณการตามเอกสารงบประมาณอยู่ที่ 8,300 ล้านบาท หรือคิดเป็นสูงกว่าเป้า 5%

Key Entities

Organization

Customs Department(สรรพสามิต)ℹ️

The Thai government agency responsible for collecting taxes on goods and services, primarily reporting on revenue collection in this article.

Person

Porchai Theeravej(นายพรชัย ฐีระเวช)

Director-General of the Customs Department, who provided the statement on revenue collection.

Law

Internal Combustion Engine (ICE) vehicles(รถยนต์สันดาปภายใน (ICE))ℹ️

A category of vehicles whose tax structure has shifted towards electric and hybrid models.

Electric Vehicles (EV)(รถยนต์ไฟฟ้า (EV))ℹ️

A type of vehicle that is undergoing tax incentives and adjustments in Thailand.

Hybrid Vehicles(รถยนต์ไฮบริด (Hybrid))ℹ️

A category of vehicles experiencing significant growth and subject to tax restructuring in Thailand.

EV 3.5 Project(โครงการ EV 3.5)

A government promotion program for electric vehicles in Thailand that provides tax benefits.

MOU Condition Projects(โครงการตามเงื่อนไขเอ็มโอยู)

Government-supported initiatives for electric vehicles in Thailand that offer tax benefits based on specific agreements.

Advanced Driver-Assistance Systems (ADAS)(ระบบความปลอดภัยขั้นสูง (ADAS))ℹ️

A safety feature that influences the tax rate for domestically produced hybrid vehicles in Thailand.