The excise tax on liquor and tobacco has increased, immediately raising the retail price of liquor and cigarettes (but not beer or wine), reports the Bangkok Post.
The increases will not apply to beer and wine as they are already subject to the maximum permissible tax rates under the current Royal Decree.
The excise tax increases will apply to both domestic and foreign tobacco and alcohol, and are expected to reap the government an additional 12 the billion baht annually, 10 billion of which will come from tobacco, reports the Bangkok Post.
The largest resulting percentage increase in price is expected to be on imported cigarettes from China, which could rise as much as 20 baht per pack.
However, cigarette prices will still remain relatively inexpensive by international standards, as shown here.