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Thread: Prices of cars going down?

  1. #1
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    wittycranium's Avatar
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    Default Prices of cars going down?

    We are hearing that a 1.5% flood tax will be imposed on cars on October 1. Also 15% VAT will come into effect replacing the 17% GST.

    So will the prices of cars in Pakistan go down by 0.5%?

    Dream as if you'll live forever; Live as if you'll die today

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    Nope. The only way is up. Remember buddy, Sky is the Limit.

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    Default

    lol.....nice joke

    Btw, If this is a serious question, previously alot of items were GST exempt which in simple language means you were paying 17% GST on only 2/10 items. Now the rate has been reduced but exemptions have been withdrawn which means you will be paying 15% VAT on 9/10 items.

    In simple words, prices would go up by atleast 10%

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    Default

    ur hilarious man
    :
    Hanjiii Kaa Storeey Eehh !

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    Default

    this is a serious question. its about 'the stage and manner by which VAT will be applied as opposed to how GST is being added to the price of the car.'
    Dream as if you'll live forever; Live as if you'll die today

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    it will surely rise!

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    guys lets join hands and raise this matter in media,,,,,,coz v r nt willing to buy crappy mehran in 6 to 7 lacs,,,,its 2 much ,,,dis is da high tym,,,,,,wakeup guys......zardari is sucking our blood.....
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    Default

    VAT 15% doesnot mean that prices will go down by .5 percent... VAT has totally different mechanism from GST, and as a result we will be paying almost double taxes and on every item that was previously exempt from tax

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    Default

    There is no going down trust me on this one.

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    Default

    govt is also planing to add 10% custom duty more on all imported things so every thing that comes from other countries will become more expensive

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    Default

    Quote Originally Posted by aqs29 View Post
    Nope. The only way is up. Remember buddy, Sky is the Limit.
    +10
    So true!
    One of the most difficult things in the world is to know how to do something, and to watch without comment, somebody else do it incorrectly.

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    Quote Originally Posted by aqs29 View Post
    Nope. The only way is up. Remember buddy, Sky is the Limit.
    Well said
    " Hope for the best & Prepare for the worst. "

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    Default

    there is no way for prices going down
    always up up and away
    may be govt. don't know numbers 1 to 100 but not from 100 to 1
    Adolf Hitler Said: "I suggest that u do war instead of love bcoz in war u either live or die. But in Love neither u live nor u die.

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