HELP NEEDED! Clk 200

[Damain]

Deleted

[salmank2]

Assuming the car is registered in March 2007; you would get 60 months depreciation (1% allowed per month).

Hence assuming list price of of £28k (void of VAT)

28000 x 0.6 = 16800 max depreciation.

as car is less that 1800cc apply 75%

11,200 x 0.75 = 8400 - duty value

then 8400 plus all taxes + shipping/clearance cost (£2000 approx)

= ((8400+2000 x 1.17) x 1.05) x 1.01

= £12900

plus cost of used car - assuming £14000.

Total landed in Pak = £26900 (about 3.8 million rupees)

[Damain]

Assuming the car is registered in March 2007; you would get 60 months depreciation (1% allowed per month).

Hence assuming list price of of £28k (void of VAT)

28000 x 0.6 = 16800 max depreciation.

as car is less that 1800cc apply 75%

11,200 x 0.75 = 8400 - duty value

then 8400 plus all taxes + shipping/clearance cost (£2000 approx)

= ((8400+2000 x 1.17) x 1.05) x 1.01

= £12900

plus cost of used car - assuming £14000.

Total landed in Pak = £26900 (about 3.8 million rupees)

THANK YOU!!! Can you help me with some other cars aswell?

[Damain]

2007 BMW 3 Series 320I M SPORT AUTO
Price: £15,495
Colour: Blue
Mileage: 44,000
Transmission: manual
Engine: 2000cc petrol
Body: convertible

[salmank2]

Assuming the car is registered in March 2007; you would get 60 months depreciation (1% allowed per month).

Hence assuming list price of of £23k (void of VAT)

23000 x 0.6 = 13800 max depreciation.

as car is greater than 1800cc apply 100%

9200 x 1.00 = 9200 - duty value

then £9200 plus all taxes + shipping/clearance cost (£2000 approx)

= ((9200+2000 x 1.17) x 1.05) x 1.01

= £13900

as car is greater than 1800cc apply 50% regulatory duty

= 13900 x 1.5

= £20850

plus cost of used car - assuming £15500

Total landed in Pak = £36350 (about 5.1 million rupees)

[jatoiali]

the calculation mentioned above somehow may not be applicable here in Pak.. you see for the Mercedes the duty and price valuation is carried out not by the customs autorities they come from the official importer for Mercedes in Pakistan i.e. Shahnawaz Motors Pvt. Ltd.... and for the BMW the same is applied but they are by Dewan Motors who are the official Importers of BMW in Pakistan... the above facts can be taken into consideration but the figures can change drastically once the car touches Pakistan.. though shipping charges will remain constant because they are for the third party service... you will have to pay port damarage and Sales tax and income tax and clearing agent's fee and the duty is a variable factor..

[capsat]

Your calculation is correct however depreciation allowed is max 50% . so that is in nearest to 80% of the landed price at port gate

Assuming the car is registered in March 2007; you would get 60 months depreciation (1% allowed per month).

Hence assuming list price of of £23k (void of VAT)

23000 x 0.6 = 13800 max depreciation.

as car is greater than 1800cc apply 100%

9200 x 1.00 = 9200 - duty value

then £9200 plus all taxes + shipping/clearance cost (£2000 approx)

= ((9200+2000 x 1.17) x 1.05) x 1.01

= £13900

as car is greater than 1800cc apply 50% regulatory duty

= 13900 x 1.5

= £20850

plus cost of used car - assuming £15500

Total landed in Pak = £36350 (about 5.1 million rupees)

[salmank2]

the calculation mentioned above somehow may not be applicable here in Pak.. you see for the Mercedes the duty and price valuation is carried out not by the customs autorities they come from the official importer for Mercedes in Pakistan i.e. Shahnawaz Motors Pvt. Ltd.... and for the BMW the same is applied but they are by Dewan Motors who are the official Importers of BMW in Pakistan... the above facts can be taken into consideration but the figures can change drastically once the car touches Pakistan.. though shipping charges will remain constant because they are for the third party service... you will have to pay port damarage and Sales tax and income tax and clearing agent's fee and the duty is a variable factor..

The calculation mentioned is entirely as per Pakistan customs regulations pertaining to vehicle import. The only proviso being that Shahnawaz/Dewan will indeed provide the information for the duty calculation. In most cases, if one obtains the ITP certificate/price from Germany, then the list price based in Euros/Dollars is even less than the list price shown in the examples.
In my calculation I have included the three taxes at 17%, 5% and 1% - the £2000 mentioned is a generous figure for shipping at circa £800 plus all local agent charges including demurrage, if any.

Hence I do not see how the duty can be a significant variable factor? anything +/- 5% is acceptable.
Lastly, having spoken to various importers, the Pakistan High Commission in London and known a relative to have imported two cars; the max duty rebate stands at 60% and not 50%.

I have an E200 clearing in Karachi in a few days so will let you guys know the exact breakdown.

[jatoiali]

The calculation mentioned is entirely as per Pakistan customs regulations pertaining to vehicle import. The only proviso being that Shahnawaz/Dewan will indeed provide the information for the duty calculation. In most cases, if one obtains the ITP certificate/price from Germany, then the list price based in Euros/Dollars is even less than the list price shown in the examples.
In my calculation I have included the three taxes at 17%, 5% and 1% - the £2000 mentioned is a generous figure for shipping at circa £800 plus all local agent charges including demurrage, if any.

Hence I do not see how the duty can be a significant variable factor? anything +/- 5% is acceptable.
Lastly, having spoken to various importers, the Pakistan High Commission in London and known a relative to have imported two cars; the max duty rebate stands at 60% and not 50%.

I have an E200 clearing in Karachi in a few days so will let you guys know the exact breakdown.

Its good to know you have done you homework properly... but dear the thing is this that the ITP that is required is usually accepted from local franchise of the motor company. and for your further information the taxes you mentioned have changed now dont know about the 17% but for 5% it is now 7% and for the 1% it is now 2% of the car's valuation that is carried out by the customs authority after the ITP reaches them.. it is not the taxes or duties that fluctuate but the valuation of the vehicle leads to all the changes in the figures.. but your calculation is superb as mentioned earlier.