Mr. Suriya Chuengroongruangkit Minister of Industry (Ministry of Industry) revealed that the Ministry of Industry has accelerated the economic model towards sustainable development (BCG Economy: Biological Economy Circular economy And the green economy) Therefore, in order to have a tangible effect, therefore, together with the Ministry of Finance has created a measure to stimulate the use of biodegradable plastics (Green Tax Expense), which will bring the expenditures the operator has paid in The purchase of biodegradable plastic products can be deducted from the corporate income tax amount of 1.25 times the expenses paid for corporate income tax exemption during the year 2019-2021. Type specified by the Revenue Department from the manufacturer who received the biodegradable plastic product certificate issued by the Office of Industrial Economics (OIE).
To drive the economy towards sustainable development, technology will be used to upgrade the bio-industry to create innovative and environmentally friendly products. Create a circular economy and a green economy Aiming to reduce pollution emissions and use resources wisely Able to respond to the growing demand for eco-friendly products around the world At the same time, it is expected that Operators will switch to environmentally friendly biodegradable plastics, increasing by approximately 10% per year of the total plastic production of 431,800 tonnes per year.
“The stimulus measures for the use of biodegradable plastics will help drive the bio-industry under an economic model towards sustainable development. The BCG Economy leverages innovation to reduce concrete impacts on the environment. To meet consumer demand that tends to increase. Because plastic products are a component of almost every industry and are relevant to the people’s lives. Pushing for the widespread use of biodegradable plastics will help reduce pollution and waste in society. Help build a green economy and raise society to be more livable. Help reduce government budget to eliminate residual plastic waste. And increasing environmental management options to replace difficult biodegradable plastics. This will lead to the achievement of its goals in pushing Thailand to become the Bio Hub of ASEAN, ”said Suriya.
Mr. Thongchai Chawalitpichai, Director of the Office of Industrial Economics (OIE), revealed that the Green Tax Expense for biodegradable plastics, OIE will issue a certificate of biodegradable plastic products to manufacturers. In countries of sale 2019-2021 where the company or juristic partnership is the first buyer can bring the purchase report. VAT invoice And the product certificate from OIE, can apply for a corporate income tax reduction of 1.25 times the expenditures paid for the purchase of biodegradable plastic products, including 1. Handle bags 2. Garbage bags 3. Plastic glasses 4 One-time plastic plates and bowls 5. Plastic cutlery 6. Plastic straws 7. Plastic bags for nursery 8. Film covering the soil 9. Plastic bottles 10. Glass lids and 11. Glass film cover.
“Criteria for certification of such plastic products Will be issued to manufacturers of plastic products Which are sold during 2019-2021 by submitting a certificate request form to be examined according to one of 4 criteria: 1. The product has been certified by the industrial standard (TIS) 2. The product has been certified Other equivalent standards in foreign countries 3. Products have laboratory certificates according to relevant standards 4. Products certified plastic pellets used for production in accordance with TIS 17088 or equivalent standards. And a copy of the product test results in the list of certified products, plastic pellets used for production according to TIS 17088 or equivalent standards, and a copy of the product composition test (FTIR) ”said Mr. Thongchai.
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