Previously, we mentioned how the government could reduce the cap for the BUDI95 subsidy. Now, drivers or owners of foreign-registered vehicles who buy RON95 petrol will also be subject to legal action starting April 1. So, what should you know about it?
No RON 95 for foreign vehicles from 17 June 2022
For your information, foreign vehicles are no longer allowed to buy RON95 from June 17, 2022. Previously, only petrol station operators could be subject to action if they sold RON95 to foreign vehicles. Now, foreign vehicle owners will also be subject to action, but the penalties that will be imposed have not yet been announced.
Moreover, the purpose of the enforcement is to curb the leakage and smuggling of subsidised fuel, especially in border areas. In border towns in the northern states, for example, many vehicles with Thai registration numbers were found buying petrol due to lower prices and a shortage of supplies in neighbouring countries.
Furthermore, the Ministry of National Economy and Trade said it would not compromise with any individual, syndicate or entrepreneur who violates this ban. The public is also encouraged to report information or complaints regarding suspicious activities involving the smuggling of subsidised fuel.
Stay tuned to TechNave.com for more updates like this.
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