|
|
Sri Lankan Vehicle buyers in a state of shock
Full News Article
p007
Joined: May 2006
Posts: 2333
Member Profile
|
 3 Apr 2012 16:08:12 GMT Report for Abuse
|
skyrocketed by more than Rs.700,000 as a result of the massive taxes being imposed on such imports.
Apart from the taxes, there is also the depreciation of the Rupee which would add to the cost. Up until recently, the Dollar was around Es. 113/- which has since reached 130/- or even more. The extra currency cost will also add the Taxes further increasing the cost.
The additional currency cost could have been avoided if importers covered exchange fluctuations thru Forward Exchange contracts.
|
tigeress19
Senior Member
Joined: Jul 2005
Posts: 21819
Member Profile
|
 3 Apr 2012 16:11:08 GMT Report for Abuse
|
Soon there will be a huge demand for two wheelers if the demand for 3 wheelers are not met.....
this time , the two wheelers will be imported from uganda...a friendly country.
watch out for the cycle sales men....they too are going to put the price up....
after that then....what will go up?? the price of a bull??
Edited By - tigeress19 - 3 Apr 2012 16:16:28 GMT |
Elampimp
Joined: Sep 2009
Posts: 3858
Member Profile
|
 3 Apr 2012 16:23:17 GMT Report for Abuse
|
oppsss...now these private exporters won't be able to export three-wheelers from the UK and Japan.
I don't know the reason behind the 3 wheeler may be the India but the other bikes are imported from Japan.
Car dealers and the government are working together :) lolz
Who's going to buy from dealers when you can buy much cheaper from a private seller. But now it will be a different case.
|
AnuD
Senior Member
Joined: May 2005
Posts: 57270
Member Profile
|
3 Apr 2012 16:27:33 GMT Report for Abuse
|
While Tamils make millions of vehicles a year in TN.... Jingala Muniya cannot even assemble a Three Wheeler by themselves...!
http://www.microcars.lk
Typical propaganda and BS by govt dhobies.
Sri Lanka can not produce even a potato.
Sri lankan businessmen start many businesses. But, Sri Lankan govts back stab by importing stuff including card and do not let the local businessmen improve their product. |
Elampimp
Joined: Sep 2009
Posts: 3858
Member Profile
|
3 Apr 2012 16:36:03 GMT Report for Abuse
|
| I think this is a short term increase because tax on vehicles is one of the biggest income for the government. Top of that the government get the income from Bureau Veritas from each vehicle. Trico and other shipping companies directly effected by this. The government will study the movements of the Vehicle imports and act accordingly. |
DVLADV
Senior Member
Joined: May 2006
Posts: 18225
Member Profile
|
 3 Apr 2012 17:14:18 GMT Report for Abuse
|
Unless the dealer shows evidence of showing higher taxes, you shouldnt pay higher price for the car for which you already gave an advance.
Dealers negociate the price of the car, taxes are beyond their control, asking them to absorb this cost could put them out of business.
The govt should have given a reasonable grace period before the taxes take effect. If the govt has not done that the dealer should address the issue with a seperate line item on the invoice so the customer knows what he paid as taxes and has the ability to check.
Soon there will be a huge demand for two wheelers
And bulls too!
Edited By - DVLADV - 3 Apr 2012 17:15:14 GMT |
Spetsnaz1
Senior Member
Joined: Jun 2006
Posts: 8074
Member Profile
|
3 Apr 2012 17:59:12 GMT Report for Abuse
|
Gon Amude,
Sri Lanka can not produce even a potato.
that's wrong!! it did produce a Patti Gona like you who dont know anything about Sri Lanka...... But good thing is they managed to export you to another country...... Umbai Mai danna production nikan gon talks noda hitapan.....thota kawanna onne potatos newe grade A punnakku tikak oya wagey moda thaka theeru katha kiyanawata...... |
charlie1965
Joined: Jun 2009
Posts: 7697
Member Profile
|
3 Apr 2012 18:03:01 GMT Report for Abuse
|
Donkey pimpia,
LLRC is created by Sri lanka and they will do it in their own time.
But the additional conditions in the UN resolution will not be done by the government.
So Fake Russian fool what is there to discuss if EU only wants to implement the LLRC? What joker this fake Russian clown is?
Why USA and EU took Srilanka to UNHRC in the first place? They knew very well that your leader is fooling, he had more than three years to solve these issues. Now do the implementation within one year or face USA and EU trade sanctions.
BTW, I again and again stand on my words.
Russia is not so happy with Srilanka's leadership........ Srilankan Ambassador in Moscow visited three times to meet F/M Lavrov regards to UNHRSC issue.
Edited By - charlie1965 - 3 Apr 2012 18:05:25 GMT |
|
Search All News and Discussions
3 Apr 2012 16:18:45 GMT 