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Key Regulatory Perspectives in ASEAN

Key Regulatory Perspectives in ASEAN

REGULATION STATUS

Restructuring of the Excise Tax System

Eco-Car Program – Phase 2

Roadmap for Electric Vehicles

Thailand’s military-led government has plans for excise tax reform to increase revenue collection and align with global standards. The changes to the excise tax system are to terms regarding the way tax is calculated as well as the quantum of tax itself.

The Phase 2 of the Eco-Car Program builds upon the success of Phase 1. The new phase increases incentives but requires more aggressive volume commitments and more stringent requirements from the original equipment manufacturers (OEMs). The big question is on the sustainability and viability of the program given the depressed state of the market.

Thailand has become quite aggressive in putting policies in place and supporting infrastructure for the adoption of electric vehicles (EVs). The government’s current focus is on electric buses although some OEMs have been testing cars as well.

About this report

This analysis gives a detailed overview of the regulatory policies and programs in key ASEAN automotive markets. In Thailand, this includes the restructuring of the excise tax system, the Eco-Car Program Phase 2, and a roadmap for electric vehicles (EVs). For Malaysia, it covers the National Automotive Plan (NAP) 2014 and the implementation of a goods and services tax (GST). For Indonesia, the Low Carbon Emission (LCE) Program, a revision of the fiscal incentive scheme, and a new ministry decree on the vehicle industry are discussed. For Vietnam, the Automotive Master Plan and fuel labeling for passenger cars are covered. Finally, the Automotive Industry Roadmap 2022, the Clean Energy Vehicles (CEV) Incentives Bill, and the Investment Priorities Plan (IPP) 2014 are discussed for the Philippines.


  • Executive Summary
    • Key Findings-Thailand
    • Key Findings-Malaysia
    • Key Findings-Indonesia
    • Key Findings-Vietnam
    • Key Findings-Philippines
  • Background of the Study
    • Imperative of the Study
    • Policy Development Clusters Impacting the Automotive Sector
    • Regulatory Clusters
    • Scope of this Research Service
  • Thailand
    • Policy Timeline Map
  • Restructuring of the Excise Tax System
    • Strategic Imperative and Triggers
    • Policy Objectives
    • Policy Details
    • Impact on the Market
  • Eco-Car Program-Phase 2
    • Strategic Imperative and Triggers
    • Policy Objectives
    • Policy Details
    • Impact on the Market
  • Roadmap for Electric Vehicles
    • Strategic Imperative and Triggers
    • Policy Objectives
    • Policy Details
    • Impact on the Market
  • Malaysia
    • Policy Timeline Map
  • National Automotive Policy (NAP) 2014
    • Strategic Imperative and Triggers
    • Key Objectives of the NAP 2014
    • Policy Facilitation
    • The EEV (Energy Efficient Vehicle) Concept
    • Key Provisions in NAP 2009
    • Targets to be Achieved by 2020
    • Malaysia Automotive Roadmaps
    • Impact on the Market
  • Implementation of Goods and Services Tax (GST)
    • Strategic Imperative and Triggers
    • Key Objectives
    • Policy Details
    • Policy Details-GST Mechanism in the Context of the Automotive Value Chain
    • Policy Details-GST Applicable to Used Cars Business, Impact on Price Increase
    • Policy Details-Refund Scheme for Double Taxation on Interim Car Stock
    • Impact on Automotive Sector
    • Impact on the Market
  • Indonesia
    • Policy Timeline Map
  • Low Carbon Emission (LCE) Program
    • Strategic Imperative and Triggers
      • Table OEM Overview by Engine Type, Indonesia, 2012 and 2013
    • Policy Objectives
    • Policy Details
    • Impact on the Market
  • Revision of the Fiscal Incentive Scheme
    • Strategic Imperative and Triggers
    • Policy Objectives
    • Policy Details-Tax Allowance
    • Policy Details-Tax Holiday
    • Impact on the Market
  • New Ministry Decree on the Vehicle Industry
    • Strategic Imperative and Policy Objectives
    • Policy Details
    • Policy Details-Business Classification Standard on Industry License/Permit
      • Table Regulation Base-Rule by Head of Central Statistic Bureau No. 57 Year 2009
    • Policy Details-New Vehicle Classification for Passenger Vehicles
    • Policy Details-CKD Definition
    • Policy Details-IKD Definition
    • Impact on the Market
  • Vietnam
    • Policy Timeline Map
  • Automotive Master Plan
    • Strategic Imperative and Triggers
    • Policy Details
    • Draft Decree on Supporting Industry Development
    • Challenges to the Master Plan Implementation
    • Impact on the Market
  • Fuel Labeling for Passenger Cars (7 Seats and Below)
    • Strategic Imperative and Triggers
    • Policy Objectives
    • Policy Details-Applicable Vehicle Category
    • Policy Details-Application Process for Fuel Labeling (Mandatory for Cars)
    • Policy Details-Regulations on Appointment of Accredited Testing Agencies
    • Policy Details-Methodology for Fuel Consumption Test
    • Policy Details-Declaration of Fuel Consumption Details
    • Policy Details-Sanction for Non-compliance of Manufacturer/Importer
    • Impact on the Market
  • Philippines
    • Policy Timeline Map
  • Automotive Industry Roadmap 2022
    • Strategic Imperative and Triggers
    • Policy Objectives
    • Policy Details
    • Details of Executive Order 182 Approving CARS
    • CARS Implementing Agencies and their Functions
    • CARS Enrolment Criteria, Application, and Selection
    • CARS Eligibility and Qualifications of Participants
    • Fiscal Support under CARS
    • Terms and Conditions of the Incentives under CARS
    • Impact on the Market
    • Automotive Industry Roadmap 2022-The Big Picture
  • Electric, Hybrid, and Other Clean Energy Vehicles (CEV) Incentives Bill
    • Strategic Imperative and Triggers
    • Policy Objectives
    • Policy Details
    • Impact on the Market
  • Investment Priorities Plan 2014
    • Strategic Imperative and Triggers
    • Policy Objectives
    • Policy Details
    • Guidelines to Implement the IPP 2014-2016 for Motor Vehicles and Components
    • Specific Guidelines for IPP 2014-2016 for Motor Vehicles
    • Specific Guidelines to Implement IPP 2014-2016 for Motor Vehicles Parts and Components
    • IPP Guidelines on Incentives for BOI Registered Enterprises
    • Impact on the Market
  • Key Conclusions
    • Thailand-Impact-Timeline Matrix
    • Thailand-Key Takeaways
    • Malaysia-Impact-Timeline Matrix
    • Malaysia-Key Takeaways
    • Indonesia-Impact-Timeline Matrix
    • Indonesia-Key Takeaways
    • Vietnam-Impact-Timeline Matrix
    • Vietnam-Key Takeaways
    • Philippines-Impact-Timeline Matrix
    • Philippines-Key Takeaways
  • Appendix
    • Abbreviations and Acronyms-Thailand
    • Abbreviations and Acronyms-Malaysia
    • Abbreviations and Acronyms-Indonesia
    • Abbreviations and Acronyms-Vietnam
    • Abbreviations and Acronyms-Philippines

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