New Cultus is more expensive than the fully loaded Indian Celerio

[Roybot]

Air Travel and Automobiles are way too expensive in Pakistan owing to outdated tariff policies. That being said however, car ownership in Pakistan, even at existing rates is unreasonably high so there is no incentive for the government to revise tariffs and for automakers to demand change.

Caw ownership in Pakistan is pretty low actually. It must be high in the cities I guess, but overall it seems pretty low.

 

[Chhatrapati]

Government can't reduce taxes. Since, only 1% of Pakistan pay income tax. Making the government levy texes on imported goods and also the goods and services that are made in Pakistan.
If you want to reduce burden on increased taxes on goods, crack down on tax evaders.

 

[third eye]

Air Travel and Automobiles are way too expensive in Pakistan owing to outdated tariff policies. That being said however, car ownership in Pakistan, even at existing rates is unreasonably high so there is no incentive for the government to revise tariffs and for automakers to demand change.

I have often wondered why Cars are so expensive in Pakistan , lowering taxes would incentivise sales , leading to economy of scale.

There are no free car imports in Bangladesh. 300% tax even on refurbished car.

Thats a lot, how does this import of second hand car work ?

How are second hand cars priced ?

 

[Ryuzaki]

There are no free car imports in Bangladesh. 300% tax even on refurbished car.

acc to this site it is less

https://www.dutycalculator.com/dc/1...used-car-from-united-kingdom-to-india-is-100/

what is tariff for CBU import?

 

[Icarus]

Caw ownership in Pakistan is pretty low actually. It must be high in the cities I guess, but overall it seems pretty low.

For one there is the difference between Urban/Rural Car ownership as you pointed out. Car ownership is very concentrated in the ten largest cities of the country. Secondly, there is also the case of unregistered/smuggled cars which are legal in FATA, much of Balochistan and areas like Swat, Malakand, etc. They are mostly smuggled from Afghanistan and are not a part of the national average. A lot of these cars are also "legalized" by tampering with chasis and engine numbers or porting the entire vehicle onto a derelict legal chasis.

 

[Jackdaws]

acc to this site it is less

https://www.dutycalculator.com/dc/1...used-car-from-united-kingdom-to-india-is-100/

what is tariff for CBU import?

CBU import in India works out to be close to 120%.
They prefer to import CKD kits - that brings it down to 60-70%.

Ideally, you get bang for your buck when you buy a car completely manufactured in India. The best bet is always Hyundai - since they sell the same models here that they export. Suzuki and others export better quality models and reserve the slightly cheaper ones for India.

 

[Icarus]

Government can't reduce taxes. Since, only 1% of Pakistan pay income tax. Making the government levy texes on imported goods and also the goods and services that are made in Pakistan.
If you want to reduce burden on increased taxes on goods, crack down on tax evaders.

Agreed. Tax evasion is a very serious issue. I am an ardent supporter of more forceful tax recovery.

 

[Flynn Swagmire]

Thats a lot, how does this import of second hand car work ?

How are second hand cars priced ?

acc to this site it is less

https://www.dutycalculator.com/dc/1...used-car-from-united-kingdom-to-india-is-100/

what is tariff for CBU import?

Owning a car in Bangladesh is very expensive. Cars are generally imported via local dealers, then customs authority calculate tax sum based on engine. They have to pay for import tax, vat, surcharge. Car owner have to pay for road permit and fitness permit separately when they purchase a car from the dealer.

Thats all I know...

 

[Icarus]

I have often wondered why Cars are so expensive in Pakistan , lowering taxes would incentivise sales , leading to economy of scale.

We're still using tax policies and scales drafted in the sixties. I tried getting myself a bike once, the bike itself was costing me US$ 5000 and the duty on it was levied to US$ 14,000. Makes no sense.

Automotive sector has to pay 200% the value of the vehicle in various taxes and duties, which in turn is extracted from the consumer.

 

[third eye]

We're still using tax policies and scales drafted in the sixties. I tried getting myself a bike once, the bike itself was costing me US$ 5000 and the duty on it was levied to US$ 14,000. Makes no sense.

Automotive sector has to pay 200% the value of the vehicle in various taxes and duties, which in turn is extracted from the consumer.

Strange & Crazy, possibly something to do with the narrow tax collection base in your country.

Govt possibly cannot let go of 'established' tax payers till new ones do not come into the Radar.

 

[Icarus]

Strange & Crazy, possibly something to do with the narrow tax collection base in your country.

Govt possibly cannot let go of 'established' tax payers till new ones do not come into the Radar.

That is the issue. With direct taxation at a minimal, the government relies heavily on indirect taxation to allow it to function.

 

[Devil Soul]

its still a TEEN DABA ...

 

[third eye]

That is the issue. With direct taxation at a minimal, the government relies heavily on indirect taxation to allow it to function.

This does not make sense....todays papers

https://www.dawn.com/news/1328853/tax-breaks-for-chinese-wont-hit-economy-govt

 

[Icarus]

This does not make sense....todays papers

https://www.dawn.com/news/1328853/tax-breaks-for-chinese-wont-hit-economy-govt

At this point, the govt is trying to attract investment and thus such policies are necessary. Similar incentives are also being offered to new entrants into the automobile sector. IT is a tax free sector in Pakistan. Similarly businessmen who set up their plants at new industrial zones are given access to heavily subsidized power.
They hope that when their guarantee expires in 5 years, they will be able to offer suitable returns on their taxes and would make up for this setting up period.

 

[Jacob Martin]

Don't be bothered about over-priced fossil fuel cars. That is not the future. Where both India and Pakistan are going wrong is that they are not allowing Chinese companies to sell their reasonably priced electric cars in our market. The Chinese are doing a good job in this area, and given a wider market they will be able to make even better electric cars at more affordable prices. Our governments allow them to dump all kinds of rubbish in our countries but don't promote Chinese trade and investment in sectors where it will really benefit us. Talk about misplaced priorities.