Bangchak Group, along with the Department of Excise and 18 other oil and logistics companies, signed a Memorandum of Understanding to develop an electronic data linkage system for oil and oil product volumes. This initiative aims to digitize excise tax collection and enhance regulatory oversight.
The collaboration is a significant step in public-private integration, moving from paper-based to electronic data. This will improve data accuracy, speed, and verifiability, supporting future carbon tax implementation and transparent supervision.
Fast Facts
People Mentioned
Nipon Lerttassanee
Assistant Managing Director, Maintenance, Engineering and Project Management at Bangchak Corporation
Kanthamas Krittayanukul
Managing Director at Bangchak Sriracha Public Company Limited (BSRC)
Athit Chinanthansiri
Managing Director at Bangkok Fuel Pipeline and Logistics Co., Ltd. (BFPL)
Dr. Pornchai Theeravech
Director-General at Department of Excise
Source
Bangchak Group, Department of Excise, and 18 oil sector partners signed an MOU to develop a digital oil data linkage system for tax collection.