Tax Dept to Sue NETA EV for 8 Billion Baht Refund

Prachachat•Economy•258d ago

Reader Briefing

Thailand's Revenue Department is poised to sue Chinese EV maker NETA to recover approximately 7-8 billion baht in subsidies and penalties, pending approval from the national EV board after the upcoming election.

•The Thai Revenue Department is preparing to sue NETA, a Chinese EV manufacturer, to reclaim around 7-8 billion baht in subsidies and penalties.
•The decision to proceed with the lawsuit is awaiting approval from the National Electric Vehicle Policy Committee (EV Board).
•NETA has received over 2 billion baht in government subsidies under the EV 3.0 and EV 3.5 promotion schemes.

Overview

•The Ministry of Finance executive source revealed that the Revenue Department has prepared all necessary information and details for legal action against NETA.
•Legal action is contingent on the formation of a new government and the appointment of the National Electric Vehicle Policy Committee (EV Board) post-election.
•The Revenue Department is ready to file a lawsuit to reclaim subsidies and penalties from NETA once the EV Board authorizes it.
•NETA has received over 2 billion baht in subsidies under the EV 3.0 and EV 3.5 measures.
•The lawsuit aims to recover approximately 7-8 billion baht, encompassing penalties, additional payments, and the difference in value-added tax rates.
•Consumers benefited from a reduced tax rate from 8% to 2% under the promotion measures.
•Most of the bank guarantees are held by NETA's contractual partners in Thailand, providing confidence in recovering the funds.
•The EV Board, previously chaired by the Deputy Prime Minister and Minister of Finance, approved improvements to EV promotion measures, including EV 3.0 and EV 3.5, in late 2568 (2025).

Full article content is available on the original source.

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Source: Prachachat (Original)

Key Quotes

Ministry of Finance Executive Source

"We haven't sued yet because there's no EV board. We've just prepared the data. We must wait for the election, a new government, and the appointment of the EV board before the Revenue Department submits the case."

ตอนนี้ยังไม่ได้ฟ้อง เพราะยังไม่มีบอร์ดอีวี เพียงแต่เตรียมการ เตรียมข้อมูลต่าง ๆ เอาไว้แล้ว ดังนั้น ต้องรอเลือกตั้ง แล้วได้รัฐบาลชุดใหม่เข้ามา และมีการแต่งตั้งบอร์ดอีวีขึ้นมาก่อน ทางกรมสรรพสามิตก็จะเสนอเรื่องเข้าไป

Ministry of Finance Executive Source

"Initially, we may demand 7,000-8,000 million baht, including fines, increased payments, and the reduced tax rate from 8% to 2%."

เบื้องต้นอาจจะต้องเรียกถึง 7,000-8,000 ล้านบาท เนื่องจากต้องคิดเบี้ยปรับและเงินเพิ่ม รวมถึงอัตราภาษีที่ได้ลดลงไปตามมาตรการส่งเสริม จาก 8% เหลือ 2% ด้วย

Ministry of Finance Executive Source

"We are confident we can pursue recovery from that source."

มั่นใจว่าจะไล่บี้จากตรงนั้นได้

Key Entities

Organization

NETAℹ️

A Chinese electric vehicle (EV) manufacturer involved in a legal dispute with the Thai Revenue Department over government subsidies and penalties.

Revenue Department(สรรพสามิต)ℹ️

The Thai government agency preparing to sue NETA to recover subsidies and penalties.

EV Board(บอร์ดอีวี)

The National Electric Vehicle Policy Committee, whose approval is required for the Revenue Department to proceed with suing NETA.

Ministry of Finance(กระทรวงการคลัง)ℹ️

The government ministry that oversees financial and economic policies, including those related to EV subsidies.

Person

Mr. Ekniti Nitithanprapas(นายเอกนิติ นิติทัณฑ์ประภาศ)

Former Deputy Prime Minister and Minister of Finance who chaired the EV Board that approved policy adjustments in late 2568 (2025).

Law

Measures to support the use of electric vehicles (EV 3.0 and EV 3.5)(มาตรการสนับสนุนการใช้ยานยนต์ไฟฟ้า (EV 3.0 และ EV 3.5))

Government schemes designed to promote the adoption and manufacturing of electric vehicles in Thailand, which NETA allegedly received subsidies from.