With regards to APs, our country is possibly being short changed in two ways.

1. When a vehicle arrives at our shores, custom and excise duties are not paid in full due to under-declaration by the importers,

2. When a vehicle is sold to a customer, the selling price of the vehicle includes the cost of the APs bought. This in addition to the profit margin the sellers want to make.

APs, as we know, are sold for 40k outright. We assume the approximate profit margin of a car that sells for between 170k to 200k to be conservatively 30k.

This will lead us to derive gross profit margin of 70k per car (40 + 30 = 70k). This is only a scenario for one car importing company. What about the many more out there who may have higher marked up profit margins?

You have been warned.