The federal government has announced the annual budget for the financial year 2023-2024.
There have been no changes in taxes for locally assembled and imported smartphones, meaning prices are going to remain unaffected for the time being.
However, multiple reports from sources had revealed that there have been discussions on multiple proposals to decrease the tax on smartphones, but there has been no change whatsoever. This means that the previously announced tax rates are still applicable today.
Here are the current rates.
Current Rates
These are the various taxes that you will be liable to pay if you are importing a phone through Ali Express or any eCommerce website online.
1. Regulatory Duty (USD)
If $1 to $30 = Rs. 180
If $30 to $100 = Rs. 1,800
If $100 to $200 = Rs. 2,700
If $200 to $350 = Rs. 3,600
If $350 to $500 = Rs. 10,500
If $500+ = Rs. 18,500
2. Sales Tax (USD)
If $1 to $30 = Rs. 150
If $30 to $100 = Rs. 1,470
If $100 to $200 = Rs. 1,870
If $200 to $350 = Rs. 1,930
If $350 to $500 = Rs. 6,000
If $500+ = Rs. 10,300
3. WHT – Withholding Tax (USD)
If $1 to $30 = Rs. 70
If $30 to $100 = Rs.
If $100 to $200 = Rs. 930
If $200 to $350 = Rs. 970
If $350 to $500 = Rs. 3000
If $500+ = Rs. 5200
4. IT Duty = 9%
5. Mobile Levy (PKR)
If Rs. 10,000 – 40,000 = Rs. 1,000
If Rs. 40,000 to 80,000 = Rs. 3,000
If over Rs. 80,000 = Rs. 5,000
6. Provincial Tax = 0.9%
Add the above values and you will get the exact amount you will have to pay.
Source: Pro Pakistani