The document discusses changes to policies regarding parallel imported vehicles in China. It notes that parallel imports have long existed but were not fully compliant with regulations. New policies now allow legalization if all taxes and fees are paid. The highlights of Shanghai's parallel import vehicle trial policy include qualifications for auto dealers and dealers being responsible for warranties and after-sales service. Parallel imported vehicles are generally 10-20% cheaper but manufacturers are not responsible for after-sales service as they are with regularly imported vehicles. The document also discusses opportunities for aftermarket service providers in serving the needs of parallel imported vehicle owners.
TransPrice Times - 1st - 15th November 2016Akshay KENKRE
Dear Readers,
We are pleased to present TransPrice Times for the first fortnight of November 2016.
While we are at the juncture of closing one more year of transfer pricing compliance by 30 November, the number of transfer pricing cases in the litigation domain continue its ascent.
The latest bulletin encourages our readers to understand principal issues with regard to technical fees, characterization and pass-through cost.
We hope you find this newsletter both timely and useful, and we look forward to your feedback and suggestions to improve it further. You can write to us at akshaykenkre@transprice.in
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Happy Reading!!!
TransPrice Times 15th to 31st July 2015Akshay KENKRE
Dear Readers,
We are pleased to present TransPrice Times for the second fortnight of July, 2015.
To foster awareness and provide insight into the significant case laws in transfer pricing, this newsletter summarizes the highlights and elucidates you with the eminent rulings.
Trust you will find it useful!
Happy reading !!!
TransPrice Times - 1st - 15th November 2016Akshay KENKRE
Dear Readers,
We are pleased to present TransPrice Times for the first fortnight of November 2016.
While we are at the juncture of closing one more year of transfer pricing compliance by 30 November, the number of transfer pricing cases in the litigation domain continue its ascent.
The latest bulletin encourages our readers to understand principal issues with regard to technical fees, characterization and pass-through cost.
We hope you find this newsletter both timely and useful, and we look forward to your feedback and suggestions to improve it further. You can write to us at akshaykenkre@transprice.in
Kindly Click https://www.transprice.in/login.php to take our BEPS assessment.
Happy Reading!!!
TransPrice Times 15th to 31st July 2015Akshay KENKRE
Dear Readers,
We are pleased to present TransPrice Times for the second fortnight of July, 2015.
To foster awareness and provide insight into the significant case laws in transfer pricing, this newsletter summarizes the highlights and elucidates you with the eminent rulings.
Trust you will find it useful!
Happy reading !!!
Road Transport News - Guidance for Vocational DriversOTBEveling
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JPLoft provides business and technology solutions for automotive leaders, which focuses heavily on the major issues of automotive value chain from suppliers to consumers to technology providers. Taxi Application Development Company, Taxi App Developer, Mobile App Development
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Rego has successfully launched an app for the business community keeping in mind particular issues which major organizations face namely: Hassle free billing, Speedy Booking, Paperless Invoicing , In Depth MIS reports and new features which places special importance on Safety.
Rego is currently working with 100 + esteemed organizations in India catering to services which involve: Spot Cabs/ Car rentals, Airport Transfers, Expat on ground travel solutions, Long term renting & Employee Transportation Services.
TransPrice Times 1st - 15th August 2015Akshay KENKRE
Dear Readers,
We are pleased to present the first fortnight edition of TransPrice Times for August 2015.
The newsletter highlights important transfer pricing judgement that provides guidance on computation of capacity utilization adjustment and alerts including APA rollback scheme and MAP proceedings between India and US.
Trust you will find it useful.
Happy reading !!!
Road Transport News - Guidance for Vocational DriversOTBEveling
DVLA have published new vocational drivers’ guidance. It has been published in association with the Department of Transport, Traffic Commissioners, Freight Transport Association and other organizations.
Cleveland sustainable transportation pass (cstp)kevin mulhall jr
Outline for a monthly subscription based sustainable transportation system. For a low monthly fee an individual will be afforded access to a combination bike share, bus/rail pass and a limited use taxi ride share.
Case study for taxi mobile application developmentJploftsolutions
JPLoft provides business and technology solutions for automotive leaders, which focuses heavily on the major issues of automotive value chain from suppliers to consumers to technology providers. Taxi Application Development Company, Taxi App Developer, Mobile App Development
A pioneer in shaping the personal ground transportation industry in India, Rego is India’s leading cab rental service provider today offering a complete bouquet of end-to-end long and short term car rental solutions through its fleet in 24 cities across the country.
Rego has successfully executed 1 million transactions from its humble setup headquartered in Bangalore. With renewed focus on People, Process & Technology it is ready to take on the next set of challenges in the future of on ground mobility solutions.
Rego has successfully launched an app for the business community keeping in mind particular issues which major organizations face namely: Hassle free billing, Speedy Booking, Paperless Invoicing , In Depth MIS reports and new features which places special importance on Safety.
Rego is currently working with 100 + esteemed organizations in India catering to services which involve: Spot Cabs/ Car rentals, Airport Transfers, Expat on ground travel solutions, Long term renting & Employee Transportation Services.
TransPrice Times 1st - 15th August 2015Akshay KENKRE
Dear Readers,
We are pleased to present the first fortnight edition of TransPrice Times for August 2015.
The newsletter highlights important transfer pricing judgement that provides guidance on computation of capacity utilization adjustment and alerts including APA rollback scheme and MAP proceedings between India and US.
Trust you will find it useful.
Happy reading !!!
EVmo, Inc. bridges the gap between rideshare drivers in need of a suitable vehicle and rideshare companies that depend on attracting and keeping drivers. EVmo uniquely supports drivers in both the higher and lower economic categories with innovative policies and programs. EVmo is a leading provider of rental vehicles to drivers in the ever-expanding gig economy. EVmo maintains its own fleet of vehicles, which are rented to rideshare/delivery drivers, while providing insurance coverage and insurance cards in the drivers’ names to ensure drivers meet the stringent requirements of rideshare and logistics companies.
Pricing the future automotive retail market: connectivityDaniel Bracke
Automotive consumers are fundamentally shifting their
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Ogilvie Fleet are a multi award winning UK wide independent vehicle leasing / contract hire and fleet management provider.
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1. 11
Background & Changes
Parallel Imported vehicles have existed in China for a long time
Legal, but not in good compliances with government administrative policies.
Need to pay all taxes and fees just as regular vehicles for legalization, free of trade & transfer after tax cleared
However, could be very tricky in registration and maintenance procedures
Government granted new policies for anti-trust of auto industry
关于停止实施汽车总经销和汽车品牌授权经销商备案工作的公告
-- State Administration for Industry & Commerce, 7/31/2014
国务院办公厅关于加强进口的若干意见
-- General Office of State Council, 10/23/2014
关于在中国(上海)自由贸易试验区开展平行进口汽车试点的通知
-- Commerce Committee of Shanghai, China (Shanghai) Free Trade Zone Administrative Board, etc. 1/7/2015
Parallel Vehicle Import
Policy Highlights (Shanghai)
Qualification of Auto Dealers
5+ years of auto dealership, gaining profit for 3 years in straight, 400 million revenue in the last fiscal
year
Dealers are responsible for warranty (including recall, ‘three guarantees’, after-sale
service, etc)
No used cars and illegal
Source: http://www.autohome.com.cn/news/201501/859108-all.html?pvareaid=101380
2. 22
Parallel Vehicle Import
Parallel Imported Vehicle V.S. Regular Vehicle
10%-20% cheaper
More Newly-
Released Models
More High-Ended
and Non-Popular
Models
Manufacturers are
not responsible for
after-sale service
Parallel Imported Regular
Perfect
Compliances with
Laws & Regulations
Both Manufacturers
& Dealers are
responsible for after-
sale service
Higher Price, but
predicted price-drop
in the future.
Source: http://auto.sohu.com/20150612/n414907235.shtml
3. 33
Parallel Vehicle Import
Parallel Imported Vehicle After-Sale Service Policy
Parallel vehicle dealer is responsible for after-sale service (including recall, warranty,
etc.), while manufacturers are be responsible for regular vehicles
Most parallel vehicle dealers partner with shops and garages to fulfill their commitment of
service and maintenance.
Dealers also partner with insurance companies, allowing owners to fix/conduct
maintenance in ‘4S’s with ‘After-Sale Insurance’
Opportunities in Aftermarket and CAAPA
Comparing with ‘4S’, independent shops and garages are more economy choices for
parallel imported vehicle owners (saving from additional insurance cost and ‘4S’s higher
labor and material costs).
CAPPA could partner with parallel imported vehicle dealers, and sign the exclusive
service and maintenance contract with dealers.
As a nation-wide alliance, CAAPA and our ‘AutoValue’ shops and stores could leverage
the network advantages, which ensures the high-quality service just as certified ‘4S’s.
Our network also creates a ‘win-win’ for both dealers and us: wider customer basis
Demographic: Higher margin from luxury vehicle owners, quicker turnovers
from popular model owners.
Geographic: While current parallel imported vehicle owners are mostly come
from regions around SH, TJ, GZ, our network enables the expansion to new
regions