Here's AP declaration on the Pocong. It works out like this :-
CIF – RM39242.00
Import Duty (30% on CIF) – RM11772.60
Excise Duty (97.5% on CIF) – RM38260.95
Other Taxes (~22% on CIF) – RM8927.56
Total Cost RM98203.11
Given this RM98203.11 is the cost of the car for dealers here, they should have gross margin of ~RM40684.89 based on published price of RM138888.00. While I'm utterly disgusted on the Duties & Taxes charges are, I’m so amazed by the CIF value of the car, RM39242.00 which is about GBP6,800. A very ‘fair’ value I must say :)
CIF – RM39242.00
Import Duty (30% on CIF) – RM11772.60
Excise Duty (97.5% on CIF) – RM38260.95
Other Taxes (~22% on CIF) – RM8927.56
Total Cost RM98203.11
Given this RM98203.11 is the cost of the car for dealers here, they should have gross margin of ~RM40684.89 based on published price of RM138888.00. While I'm utterly disgusted on the Duties & Taxes charges are, I’m so amazed by the CIF value of the car, RM39242.00 which is about GBP6,800. A very ‘fair’ value I must say :)
2005 Integra DC5 CIF value is RM11,610.............the selling price as at today still around RM155,000............RATS.
ReplyDeleteMeor,
ReplyDeleteLagi tension tu... they make lots of profit much better than Ah Long bro!