Will The New Tax Policy Affected My Already Ordered Car?

chathu87 · April 2, 2012

I ordered the 2012 Audi A4 using a permit, $25k max. The car is supposed to land sometime in June. The permit says its a 60% tax, am I affected by the new tax policy? Vehicle was ordered in November.

VVTi · April 2, 2012

Yes, I am afraid the GOSL just performed coitus on you...

chathu87 · April 2, 2012

f**k seriously? What sorta increase am I looking at? It a permit mind you!

MasterDon · April 2, 2012

Didn't you call Senok?

Edited April 2, 2012 by MasterDon

chathu87 · April 2, 2012

I did, they said they are pretty certain I wont be affected but said to give them a few days to be certain. Hence why I'm here

VVTi · April 2, 2012

Someone mentioned that the permit scheme is off now as well. But not confirmed. YOu might have to check with the importer and see. If its coming in June I beleive that all bets are off for you.

HEard that the Importer Assosication is asking the gOSL to give the vehicles alread in the water a break.

chathu87 · April 2, 2012

But vehicles already ordered using the permit should be fine yes? The permit was only awarded in november! Doesnt really make any sense if its already cancelled!

But then again, current gov policies hardly make much sense!

makom · April 2, 2012

Here is the news about this .......

http://www.colombopage.com/archive_12/Apr02_1333338423JR.php

chathu87 · April 2, 2012

Doesnt say anything about permit holders though! I feel sorry for ppl who've ordered stuff and paid the deposit!

TechHater · April 2, 2012

i dont think permits will be affected.its calculated on NBT,airport levy,and certain amount of cess only. this new tax is not included in the grant scheme.

jami · April 2, 2012

new tax only apply for LC, opened after the press release.

Pericles · April 2, 2012

On 4/2/2012 at 6:34 AM, chathu87 said:

I ordered the 2012 Audi A4 using a permit, $25k max. The car is supposed to land sometime in June. The permit says its a 60% tax, am I affected by the new tax policy? Vehicle was ordered in November.

First thing you need to realize, there are no tax experts here, and most are hearing this at the same time as you.

Second thing, not an expert, but if you want my opinion, no, you shouldn't be affected.

akboselk · April 2, 2012

On 4/2/2012 at 8:20 AM, jami said:

new tax only apply for LC, opened after the press release.

Are you sure ? where did you find it ?

MRM · April 2, 2012

On 4/2/2012 at 9:47 AM, akboselk said:

Are you sure ? where did you find it ?

Machan This is still not confirmed as my vehicle arrived on port on the 29th march and still the discussions are going on about the cars which are in port whether it is old duty new duty or in between

Will update once I get any info.

Malaka2 · April 2, 2012

On 4/2/2012 at 6:34 AM, chathu87 said:

I ordered the 2012 Audi A4 using a permit, $25k max. The car is supposed to land sometime in June. The permit says its a 60% tax, am I affected by the new tax policy? Vehicle was ordered in November.

I'm really sorry to tell you're one of the victims from this price hike. My advice to all individual importers is if you're on tight budget (that you can't spent any dollar more) don't think about to import vehicle from over seas. Because in current economy we can't predict future. we don't know what will happen next morning. Try to find the most perfect vehicle to you from already import lot. SL has huge varieties of models 2010-2011 already in this soil. it is less risk and more reliable.

Crosswind · April 2, 2012

On 4/2/2012 at 11:57 AM, Malaka2 said:

My advice to all individual importers is if you're on tight budget (that you can't spent any dollar more) don't think about to import vehicle from over seas. Because in current economy we can't predict future. we don't know what will happen next morning. Try to find the most perfect vehicle to you from already import lot. SL has huge varieties of models 2010-2011 already in this soil. it is less risk and more reliable.

Is this a piece of advice u got from a car sale owner?

Malaka2 · April 2, 2012

On 4/2/2012 at 12:18 PM, Crosswind said:

Is this a piece of advice u got from a car sale owner?

Don't get me wrong dear Crosswind.. all i'm saying if you can afford bit more than you signed up. you have no problem getting selected vehicle from overseas. but those who haven't that luxury suffered huge. as example Viva Elite customers in waiting list. What happen to them. They have to pay tremendous amount more than they signed. So they're in huge trouble. That's why i said that.

SeanD · April 2, 2012

On 4/2/2012 at 12:32 PM, Malaka2 said:
Viva Elite customers in waiting list. What happen to them. They have to pay tremendous amount more than they signed. So they're in huge trouble. That's why i said that.

That's what happens when you go for a Viva Elite

Malaka2 · April 2, 2012

exactly SeanD those they could bought passo 2006 with same engine on that price. coz it worth than Viva.

Uthum · April 2, 2012

The permit holders shall understand that the Price of Your Vehicle will be according to following simple equation;

CIF + (55~70)% of CIF = Your Vehicle Price {your LC price is equal to CIF}

This equation does not indicat anything about Current tax, which has been affected by hike. So Permit holders may no be any trouble except $-Rs increase problem.

However, keep in mind you never know the government even kick permit holders off by changing even the above equation according to their favor to find few bucks to make their living more comfortable.

hee..hee... everybody's been rewarded for what they offered!

Jimmy · April 3, 2012

Since you guys touched on Viva, their new price is LKR 23/25 which was 16/90 before. Unimo looked like a fish market today people shouting about the tax hike. Me too canceled my ordered Viva today cos i just couldn't afford it. Non refundable 2laks down in the dump.

Watchman · April 3, 2012

On 4/3/2012 at 8:25 AM, Jimmy said:

Since you guys touched on Viva, their new price is LKR 23/25 which was 16/90 before. Unimo looked like a fish market today people shouting about the tax hike. Me too canceled my ordered Viva today cos i just couldn't afford it. Non refundable 2laks down in the dump.

Actually If i were you i would ask for my money back. If they overshot the initially (maybe even verbally) promised date of delivery you can ask for your money back.

CARBON B4 · April 3, 2012

On 4/3/2012 at 8:25 AM, Jimmy said:

Since you guys touched on Viva, their new price is LKR 23/25 which was 16/90 before. Unimo looked like a fish market today people shouting about the tax hike. Me too canceled my ordered Viva today cos i just couldn't afford it. Non refundable 2laks down in the dump.

That's bad....

But why not just buy it and try to sell it since your Rs 200k is sunk anyway..... and its not like the entire sales of Viva Elites are going to come to a stand still, there will be people still willing to buy.

http://www.autolanka.com/ad.asp?ID=73785

liya · April 3, 2012

party for the family and friends, Rs 2500 and bullock cart for us

Malaka2 · April 3, 2012

On 4/3/2012 at 8:25 AM, Jimmy said:

Since you guys touched on Viva, their new price is LKR 23/25 which was 16/90 before. Unimo looked like a fish market today people shouting about the tax hike. Me too canceled my ordered Viva today cos i just couldn't afford it. Non refundable 2laks down in the dump.

I don't think thats a good idea. Dumping 2laks is huge man these days. and all do respect those who srtugling to get vehicle I'm sorry to tell that this price hike isn't the final. So If you can purchase something now. It will value some years later or even months.