Effect of zero duty regime from 1st April,2005.

sounds like Sweet Music to my ears
A "Sound Stage" for the audiophiles here

Oh I sure wish it were true....how I wish it would be true

manek.

someone's certainly drooling hope it does happen in april though

Don't tell me that it's gonna happen .wow. I actually thought of getting stuff from US as it's much cheaper and the range of products,,,,, :)hm we are gonna have the same range here.....

No duty in the sense do we get the product without any tax?

say if a product is priced at $499 in US then normally it will cost around Rs.36k in india.

if there is zero duty regime then do i get the product for the same price( i.e Rs.25k) ?

local taxes will still be applicable...only customs duty and excise will be waived off I think.

BTW the example of $499 is the retail price in the Us inclusive of taxes and markups so ideally we should get them on par or lower.

manek.

Hey guys thats what the americans enjoy over others...the price and when we get for the same price here i can fulfill my dream and damn with the adapters,imports, custom guys bribes and 110v to 220v converters.......

Hey wait a sec is not one of those silly to be APRIL FOOL joke

for eg.
INDIA
ONKYO SX502 31,500
AMERICA
290
$ CONVERTED TO INR
12470

ONKYO SX602 Rs 43,000
$ 470
$Converted to INR 20210
etc etc..............thats lotsa savings and with the same budget we can buy quality stuff and of course service back up

Dollar is becoming twice as strong from 1 April .......

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

Sorry folks ! That was a prank call.

I think even I'll wait till then before buying anything more.

Sympathies for Cadence fans .... no duty cuts ( Manek are you there?)

Sanjay

i think u guys are jumping your guns.

there will be duty cuts across a wide range of products if(that's a big if) India agrees to come under WTO control over all products.
there are a wide range of issues to be dealt with. without getting into the economic aspect i would say that there would be restrictions on the type and range of products that will be marked for duty cuts.

if in fact the duty cuts is made applicable to all products(electronics) the Government will be losing money and will in turn add some other tax to these products in hopes of recovering their revenue.am i not right?
i mean come on, the custom and duty taxes contribute considerably to the GDP and to presume that there won't be any duty would be premature. we simply will have to wait and watch.

wow..is this really gonna happen..?? then it'll be possible to order the svs subs i've dreamed of without worrying abt the custom duties but when do u guys think will the changes start to take effect ? is it worth postponing the purchases???

Sdhawan,

Hi I sure am here....and still optimistic as cadence imports a lot of stuff from abroad like cables, drivers, binding posts, etc....so I think there would be some price cut....ofcourse if they want to stan in buisness they will have to price their products accordingly so there is hope for cadence fans as well.

Manek.

Sad news

Today paper says that the duty cuts may be shelved for another 6 months atleast.

The Hi-Flying dreams come crashing down.

Saddened

Sanjay

oh no....too good to be true !
Our babu's are not going to let go of their ill gotten incomes very easily, you know !

Manek

incidentally been to pune over the weekend and two dealers claim that prices might go up. for quad and cadence. dont know how far thats true or if its a ploy to get me to decide fast. cadence guy said he's been maintaining the price point for quite a while so might increase it soon.

"There’s some cool news for those who have been holding back on purchases of air-conditioners, top-end audio and video products.

Peak customs duty has been cut, which will reduce prices of imported consumer durable products. Excise duty on ACs has been cut via abolition of 8% special excise duty, bringing the excise component to 16%. "

Extract from today's economic times.
Here is the link.
http://economictimes.indiatimes.com/articleshow/1036492.cms
How much would it affect Hi-Fi prices, in general?
Thanks.

It may be a small drop if at all in prices. I dont see it hapenning. tv's and mass market stuff yes...audiophile grade stuff...dont see it.


Manek.

its just dropped by 5% from 20% to 15% so i dont think it'll make any difference. i doubt the importers/dealers will pass on the benefits to customers

well he would be able to pass it over only in case he had imported it in recently. if the stock is from last year then there may not be a way he can pass that over !

No,if he has to pass on the benefit, to the customer,it has to be irrespective of the old stock or new stock.
If the customer insists on new stock,then what he will do with the old stock?