Dr. Salim,

The prices can immediately return to the pre-General Sales Tax-imposition position provided our importers and wholesalers show the same degree of alacrity as they did by enhancing the prices at the time of the imposition of the GST.

When the GST was imposed in March last, the importers and wholesalers were quick in selling their old stocks with accretion of GST. Some of the importers are believed to have made millions out of this "windfall" . So now when the GST has been withdrawn the importers and wholesalers should forego some share of their profit by passing on the benefit to the end-user.

[ 27. August 2002, 06:58: Message edited by: Ghazi ]

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Best regards<br />Ghazi<br /><a href="http://www.sph.homeoweb.net" target="_blank">www.sph.homeoweb.net</a>