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  • Results 1 to 11 of 11
    1. #1
      Senior Member
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      IMO, this would be an excellent move if implemented properly. It will for sure bring down the crime rate in Pakistan to a halt(hopefully).

      ISLAMABAD (February 13 2004): In a major move to control thefts of cars, the government has decided to reduce customs duty on the import of Vehicle Tracking System (VTS), which is latest sophisticated satellite technology used for tracking of stolen automobiles, sources told Business Recorder here on Thursday. In this connection, the Central Board of Revenue (CBR) has moved a summary to the Economic Co-ordination Committee (ECC) of the Cabinet for the rationalisation of import duty on VTS. The CBR has proposed to the ECC to reduce customs duty from 25 percent to 5 percent for encouraging use of this technology in Pakistan. The ECC will examine the proposal in the upcoming meeting on February 17. Sources said that VTS is an expensive system and only owners of expensive cars can afford it. The cheap installation of system in cars would be a real unpleasant shock for the car thieves as with the click of a computer mouse, a satellite tracking system allows remote operators to seize control of the stolen vehicle, bring it to a halt, and snap its locks shut till the police comes. Under the system, an implanted device uses Global Positioning System technology to signal a vehicle's location via SMS messages over a mobile phone network. Moreover, the operators of the tracker system could follow the movement of thousands of vehicles on computer screens at the control centre. The co-ordinates of a stolen car can be given to police to guide patrol cars to the scene and computer can immobilise the car and lock its seat-belts, doors and bonnet. In certain VTS, there is a panic button that sets off an alarm in the control centre and help thwart carjackings and kidnappings attempts. Sources were confident that the reduction in duty would substantially reduce the prices of VTS system along with expected reduction in existing car Locks/remote devises available in the local market. Some tracker systems could record a vehicle's movements as it can be programmed to turn off a car's engine if it tries to leave a designated area. Sources added that the Ministry of Science and Technology has also given its concurrence to the proposal and said that the new technology should be encouraged in the country. For reduction in duty, if the CBR introduced change in the import tariff under Pakistan Customs Tariff (PCT), the reduction will have to be made in budget 2004-2005. Otherwise, the CBR may issue an SRO/Order or special order for slashing the duty structure.
      http://www.brecorder.com/index.php
      Unity, Faith & Discipline....
      --Jinnah

    2. #2
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      Great news. Do you have link to the story? I am too cheap for the tracking system though. I'll be getting the good ol' crook lock next week.

    3. #3
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      now all I have to do is buy A car...........

    4. #4
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      Originally posted by rehman1:
      now all I have to do is buy A car...........
      Rehman ji, I dont think that should be any problem, with so many leasing companies giving out car loans to individuals in Pakistan these days, I doubt it that a person like yourself would have any problems getting a car. Besides according to the news report there has been a record number of cars being sold in Pakistan(I think this year alone the number was 63% higher compared to last year, dont quote me on that though).
      Unity, Faith & Discipline....
      --Jinnah

    5. #5
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      Originally posted by ZulfiOKC:


      Rehman ji, I dont think that should be any problem,
      It actually is.

      with so many leasing companies giving out car loans to individuals in Pakistan these days,
      I dont think cars are leased in Pakistan, however they can be financed through various banks. HOWEVER, a normal person earning about Rs. 20,000 per month cannot afford to pay a minimal monthly installment of Rs. 30,000 for a mediocre car can he? Its better to just save money and somehow buy the car in a lumpsum payment. And yeah, aaj kal gari ka tank bhi Rs. 2500+ me full hota hai, so that has to be kept in mind before buying a car.

    6. #6
      Sher-e-Pakistan
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      The cheap installation of system in cars would be a real unpleasant shock for the car thieves as with the click of a computer mouse, a satellite tracking system allows remote operators to seize control of the stolen vehicle, bring it to a halt, and snap its locks shut till the police comes.

      Good one.

      I hope this will also lead to a cut in car prices in Pakistan?

    7. #7
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      So far, our car theives in Pakistan have been very resourceful, they know how to look for secret ignition locks, crook looks (beware chthonic powers) etc. I hope they dont find a way to get through this system. From what I read, this device is powered by an external battery, which if found can be taken off, and hence no more uplink. Its only the telemetrics system that is advanced, concealing it effectively still remains a problem. One thing is for sure, if its good enough, its a must have if you buy a car above 10 lakh!

    8. #8
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      Originally posted by Spock:
      I dont think cars are leased in Pakistan, however they can be financed through various banks.
      Spock ji, last time I checked there were several private leasing companies leasing out cars to different individuals(But I'll check into it again to make sure), however, as you mentioned yourself banks are giving out car loans to people who qualify on a reasonable APR.
      HOWEVER, a normal person earning about Rs. 20,000 per month cannot afford to pay a minimal monthly installment of Rs. 30,000 for a mediocre car can he? Its better to just save money and somehow buy the car in a lumpsum payment.
      I do agree that the monthly installment can range anywhere b/w Rs.10000-25000. However, lets also not forget that for past couple of years there has been a robust car sales increase, to me that means that people are somehow still able to afford buying a new car. But I do contend that the prices needs to be reduced in Pakistan, and hopefully once the reconditioned cars start coming back to Pakistan, the prices will of locally assembled cars will go down.
      Unity, Faith & Discipline....
      --Jinnah

    9. #9
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      Spock's Avatar
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      Originally posted by ZulfiOKC:


      I do agree that the monthly installment can range anywhere b/w Rs.10000-25000. However, lets also not forget that for past couple of years there has been a robust car sales increase, to me that means that people are somehow still able to afford buying a new car. But I do contend that the prices needs to be reduced in Pakistan, and hopefully once the reconditioned cars start coming back to Pakistan, the prices will of locally assembled cars will go down.
      Yar the car sales have been up due to the business men in Pakistan. I myself was surprised at the number of new toyotas and civics flowing around, after going back to Pak after 2 yrs.

    10. #10
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      Originally posted by ZulfiOKC:
      IMO, this would be an excellent move if implemented properly. It will for sure bring down the crime rate in Pakistan to a halt(hopefully).

      ISLAMABAD (February 13 2004): In a major move to control thefts of cars, the government has decided to reduce customs duty on the import of Vehicle Tracking System (VTS), which is latest sophisticated satellite technology used for tracking of stolen automobiles, sources told Business Recorder here on Thursday. In this connection, the Central Board of Revenue (CBR) has moved a summary to the Economic Co-ordination Committee (ECC) of the Cabinet for the rationalisation of import duty on VTS. The CBR has proposed to the ECC to reduce customs duty from 25 percent to 5 percent for encouraging use of this technology in Pakistan. The ECC will examine the proposal in the upcoming meeting on February 17. Sources said that VTS is an expensive system and only owners of expensive cars can afford it. The cheap installation of system in cars would be a real unpleasant shock for the car thieves as with the click of a computer mouse, a satellite tracking system allows remote operators to seize control of the stolen vehicle, bring it to a halt, and snap its locks shut till the police comes. Under the system, an implanted device uses Global Positioning System technology to signal a vehicle's location via SMS messages over a mobile phone network. Moreover, the operators of the tracker system could follow the movement of thousands of vehicles on computer screens at the control centre. The co-ordinates of a stolen car can be given to police to guide patrol cars to the scene and computer can immobilise the car and lock its seat-belts, doors and bonnet. In certain VTS, there is a panic button that sets off an alarm in the control centre and help thwart carjackings and kidnappings attempts. Sources were confident that the reduction in duty would substantially reduce the prices of VTS system along with expected reduction in existing car Locks/remote devises available in the local market. Some tracker systems could record a vehicle's movements as it can be programmed to turn off a car's engine if it tries to leave a designated area. Sources added that the Ministry of Science and Technology has also given its concurrence to the proposal and said that the new technology should be encouraged in the country. For reduction in duty, if the CBR introduced change in the import tariff under Pakistan Customs Tariff (PCT), the reduction will have to be made in budget 2004-2005. Otherwise, the CBR may issue an SRO/Order or special order for slashing the duty structure.
      http://www.brecorder.com/index.php
      How much is the price of this system.
      Sorry, didn't read all the information.

      take care

    11. #11
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      Originally posted by rehman1:
      How much is the price of this system.
      Sorry, didn't read all the information.
      take care
      Rehman ji, I read it couple of months ago, that the system costs about Rs. 45000. By the way this system is actually run by former CPLC chief Jameel Yousuf. Hopefully, after the duty cut, the prices will be brough down to a reasonable level.
      Unity, Faith & Discipline....
      --Jinnah

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