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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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Latest topics

» CIFC Dumps to Expand Your Possibilities to Pass Your Exam
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyFri Jul 19, 2024 10:30 am by faithhharris

» CCS.N0000 ( Ceylon Cold Stores)
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

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    EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs

    avatar
    yellow knife
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    EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 Empty Re: EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs

    Post by yellow knife Thu Oct 08, 2015 9:12 am

    Another incident to prove Indian interest in SL is Appolo hospital take over by SLIC

    ==================================

    Indian High Commissioner Nirupama Rao, who intervened and appealed to the Sri Lankan government to protect a flagship Indian investment



    It's very rarely an ambassador openly intervene in business matters.

    http://www.sundaytimes.lk/060917/News/3.1.html
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    EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 Empty Re: EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs

    Post by Future123 Thu Oct 08, 2015 9:25 am

    Are we really enjoy driving in Colombo city now during weekdays? NO

    I don't drive to work everyday. I often do pooling or go by bus to work.

    We have a serious problem with three wheelers. There are more three wheelers imported than motor cars. Three wheelers are dangerous and cause lots of accidents.

    The only solution is to improve the public transport. There is no other alternative. Sooner the Government understands this better for the country and public.


    Last edited by Future123 on Thu Oct 08, 2015 9:28 am; edited 1 time in total
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    EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 Empty Re: EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs

    Post by Market lover Thu Oct 08, 2015 9:26 am

    http://www.lankabusinessonline.com/sri-lanka-vehicle-prices-to-increase-with-new-customs-valuation-basis/
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    EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 Empty Re: EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs

    Post by balapas Thu Oct 08, 2015 9:42 am

    Aqua bought by me and cleared in Jan just before the budget cost me about 3.5 million now using the exact buying cost will increase to 5 million based on todays value with increase in tax twice within the year plus yen appreciation.

    Jan tax increase did have an impact only temporarily since Yen value further dropped to around 1.06 from 1.13 in Jan offsetting tax increase a lot.

    The village mans vehicle is Motor bike or 3 wheeler so if there are restrictions on that will have impact on the majority. Problem is we see the mudukku guys in COl driving around mostly in 3 wheelers and hate them. Even in Kelaniya I know respectable village families use a 3 wheeler as the family vehicle. However village bikers are worse than in Col.

    Talk of Monorail again http://colombogazette.com/2015/10/08/sri-lanka-to-seek-bids-for-1st-urban-railway-project/ .

    Past govt had a good chance to do this but Clown Prince wanted the Monorail in Hambantota where there are 4 lane each side roads which sometimes only used by the Bullock carts.  Luckily did not get implemented.

    Need to do something during the next 5 years or will need to ban import of vehicles or vehicles entering cities.
    කිත්සිරි ද සිල්වා
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    EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 Empty Re: EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs

    Post by කිත්සිරි ද සිල්වා Thu Oct 08, 2015 10:16 am

    Not only Private bus drivers and three wheeler drive like lunatics (even Doctors & Engineers  Shocked  and how do I know? The stickers on their back window  Very Happy ).

    Not having discipline on road is causing more issues than having more than necessary number on roads.

    During rush hour, 6 lane motor way in LA is clogged so bad yet you can see discipline in that grid lock unlike here.

    I think, discipline is more of an issue than the numbers.

    Draining out FC is a serious issue and how to kill two birds in one shot is to improve public transport.  

    Any other suggestions guys ?

    Future123 wrote:Are we really enjoy driving in Colombo city now during weekdays? NO

    I don't drive to work everyday. I often do pooling or go by bus to work.

    We have a serious problem with three wheelers. There are more three wheelers imported than motor cars. Three wheelers are dangerous and cause lots of accidents.

    The only solution is to improve the public transport. There is no other alternative. Sooner the Government understands this better for the country and public.
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    EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 Empty Re: EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs

    Post by Ukboy Thu Oct 08, 2015 11:44 am

    I wonder will they amend the flat rate of taxes later? Like they increased the lease facility (70% to 90).

    කිත්සිරි ද සිල්වා
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    EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 Empty Re: EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs

    Post by කිත්සිරි ද සිල්වා Thu Oct 08, 2015 11:46 am

    Nothing is impossible ! affraid
    Ukboy wrote:I wonder will they amend the flat rate of taxes later? Like they increased the lease facility (70% to 90).
    HAL9000
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    EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 Empty Re: EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs

    Post by HAL9000 Thu Oct 08, 2015 2:13 pm

    කිත්සිරි ද සිල්වා wrote:Nothing is impossible !  affraid
    Ukboy wrote:I wonder will they amend the flat rate of taxes later? Like they increased the lease facility (70% to 90).
    Some of you may be familiar with this vehicles imports business. Prior to current agent valuation scheme, there was a very irregular method, so that government lost a huge revenue. Some times after adjesting the agent valuations, Gov might revise the Duty rates too, if it is a reduction, then will be presented as a budget proposal.
    HAL9000
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    EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 Empty Re: EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs

    Post by HAL9000 Sun Oct 11, 2015 9:06 am

    HAL9000 wrote:
    කිත්සිරි ද සිල්වා wrote:Nothing is impossible !  affraid
    Ukboy wrote:I wonder will they amend the flat rate of taxes later? Like they increased the lease facility (70% to 90).
    Some of you may be familiar with this vehicles imports business. Prior to current agent valuation scheme, there was a very irregular method, so that government lost a huge revenue. Some times after adjusting the agent valuations, Gov might revise the Duty rates too, if it is a reduction, then will be presented as a budget proposal.

    http://www.divaina.com/2015/10/11/feature11.html

    Above is a detailed article about this vehicle import scandal happened over the years.
    Some people criticize this re-valuation, but You may see how much revenue was lost to the government, and who earned undue profits.

    Below link shows the dismal state of government revenue.

    http://www.lankabusinessonline.com/sri-lankas-budget-2016-revenue-rs1-7tn-expenditure-rs3-1tn/#comment-2160
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    EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs - Page 2 Empty Re: EXCLUSIVE: Duty increase on Japanese cars hit the sky – Aqua up by 7 lakhs, Prius by 11.20 lakhs

    Post by Hybrid Wed Oct 14, 2015 1:01 pm

    I have noticed that the duty structure or other levies or tariffs are changed after a thumping import has been made in the previous months.

    That also shows whos in the know thru political connections.

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