COE Supply Drop!!!

[Ed2win2]

wah,

 

Your example very complicated leh

 

 

Can GST be applied on top of GST? Everytime change hand can charge one more time GST?

 

When a GST registered company pay GST for his goods & resell it to consumers, the company can claim back 100% of the GST tax paid from the govt. GST is only applied to comsumers and GST non-registered companies, so it is never charge 1 more time.

[Ahyoo2002]

When a GST registered company pay GST for his goods & resell it to consumers, the company can claim back 100% of the GST tax paid from the govt. GST is only applied to comsumers and GST non-registered companies, so it is never charge 1 more time.

 

From the company who sold it, that is the case, but for us:

 

1. 20000*1.07 =21400 assume buying direct.

2.( 20000*1.07)*1.07 = 22898, so in fact we are paying 14.5%

 

What if the goods change many hands?

[Kyousuke]

Then it is a wholesaler that is not doing their job. They can claim back the $1,400 paid as GST from IRA. So they should be selling to it their distrubutors at S$20,000. Not $21,400.

 

If they chose not to do so (Claim back the GST and pass it on to the disti), then they are just going to price themselves out of the market. Becuase anyone can undercut them by $1,400 at least. Understand?

[Ahyoo2002]

ok ok, at least this make more sense, otherwise, we will pay and pay

[Submain]

Hi, Anyone bought a "guranteed" delivery when the COE was 5K? And now the COE is 12k, will they still honour their word ? Anyone got experience to share?

[Windwaver]

They give you the sure tio CAT E loh

[Ccssgm]

Where got Dealer....So Pig....pay CAT E for CAT A......Which is $5.2K....Only...

[Ahyoo2002]

in fact, the word "guranteed" can be twisted.

 

I recall some of the guaranteed deal is after they can not bid for you, they can give you open cat, which is still guaranteed to get.

 

But with Cat E that worth about $5 or $6k, the guaranteed cat E is not worth the money

[Zanter]

Wow...then the resale of used car will also follow.

 

Dont really think used car prices will go up. I find Sporean much prefer to buy virgin cars. 2nd hand cars hard to sell. Moreover assuming COE goes up the 2nd hand car's COE r lower. So which wud u prefer buying new with high paper value or 2nd hand with lower paper value?

[Vicma]

Got my COE on 1st bid,book a swift from CM with gtd coe.

[PointyEwe]

Go read LTA website to get better understanding.

You are confusing yourself here by trying to think too much lah.

 

GST is taxed on the OMV plus the Excise Duty instead.

5% GST is approx S$1201.- (e.g. Civic 1.8)

7% GST is approx S$1681.- (e.g. Civic 1.8)

 

Difference only $480.- niah with the 2% increase.

[Eforce]

Just booked my car - 1.5L. My SE should be bidding COE for me.

 

Decided to change car after hearing so much "prediction" that the COE will go up this year, due to the reduced quota and the GST raise.

 

Wonder how much will the COE be for CAT A.

[Jrage]

welcome to the singapore car-rush...

 

this rd COE sure shoot high high. Cos' alot of ppl like you getting panicky abt the raising cost...*Not forgetting last rd , leftover of 2700 unsuccessful bids..*

 

 

Just a word of precaution.. if the mad rush continues for the next few rd, next year.. the price will drop low low liao .. cos' everyone that have the slightliest intention to change car may have join in the rush..

 

**** you think next yr this time.. will the COE cat A be $1 ***********

Edited March 19, 2007 by Jrage

[Unic]

No need next year, half year down the road maybe $1

[Alant]

There will always be ppl buying car, just see the numbers of school leavers joining the working societies and not forgetting motorists who have bought cars many years backs might want to change cars...it is a repeat cycle.

[Darth_mel]

in fact, the word "guranteed" can be twisted.

 

I recall some of the guaranteed deal is after they can not bid for you, they can give you open cat, which is still guaranteed to get.

 

But with Cat E that worth about $5 or $6k, the guaranteed cat E is not worth the money

 

Durex also won't guarantee no leaks in their condoms.....

 

What can you do to a persistent sperm ?

[Usbobby]

you wait man...dun say $1, $100 i will also buy all available coes man

[Unic]

then why not you go and buy all the commercial coe? they are $1 now?