When do they change??lord_nemesis said:Partly Customs duty and majorly greed of the vendors contribute to a maximum extent. They make huge margins on graphics cards. Say a 8800GTX costs $600 in US. About 27,000 in India, add 30% as customs duties, takes the price to 35k. Thier margin is 10k taking the price to 45k. So for very 10 pieces of 8800GTX they sell, they are making about 1 Lac as their margin.
Customs duty is not 30 percent- i think it is much less also US is not the country of origin for Video Cards, they all r manufactured in China- i bet if 8800 GTX is selling in USA for 27k- that figure includes some US customs duty plus a fair margin for the dealer, also it is for sure that manufacturers billing for 8800 GTX is not more than 18k, add indian customs duty at about 25 percent- plus a fair margin 25 percent including service plus 4 percent VAT- it should sell in India for 30k. But of course likes of XFX, RP Tech all conspire to fxxck us.lord_nemesis said:Partly Customs duty and majorly greed of the vendors contribute to a maximum extent. They make huge margins on graphics cards. Say a 8800GTX costs $600 in US. About 27,000 in India, add 30% as customs duties, takes the price to 35k. Thier margin is 10k taking the price to 45k. So for very 10 pieces of 8800GTX they sell, they are making about 1 Lac as their margin.
eatpepsi said:I dont know why graphic cards cost very very high in india :.xfx 8800gtx costs 46 k in india its too high .Why prices r like that???When will India change??
eatpepsi said:I dont know why graphic cards cost very very high in india :.xfx 8800gtx costs 46 k in india its too high .Why prices r like that???When will India change??
Lord Nemesis said:Partly Customs duty and majorly greed of the vendors contribute to a maximum extent. They make huge margins on graphics cards. Say a 8800GTX costs $600 in US. About 27,000 in India, add 30% as customs duties, takes the price to 35k. Thier margin is 10k taking the price to 45k. So for very 10 pieces of 8800GTX they sell, they are making about 1 Lac as their margin.