yar what the hell! I'm doing analysis of Corolla and I'm shocked!
GLI AT grade in thai is 819,000 THB = minus 17% thai vat = 700,000 x 3.29 forex = 2,303,000 + 32.5% CKD duty = 3,051,000 x 16% GST = 3,539,000. What the f***?
3,539,000 minus 2,303,000 = 1,236,000 which is 35% of total price! Govt is ripping us off big time!!! that's why Honda is in loss for many years and Suzuki couldn't introduce any new models besides Swift that too at high price.