Increase in Taxes Collected on Imported Mobiles

Imported Mobiles

There has been a significant increase in the taxes collected on imported mobile phones. The Pakistan Customs gathered Rs.54 billion on the imported mobile devices via the Device Identification, Registration and Blocking System (DIRBs) last year, which is one hundred and forty-five percent more than that of the earlier years.

As per the shared details, the data released by the Federal Board of Revenue (FBR) states the government’s withdrawal of the facility of bringing duty-free mobile handsets under the baggage rules from abroad.

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FBR’s data indicates that travelers brought as many as 1,389,707 mobile handsets into the country during FY20 under baggage and registered it with DIRBs.

As a result, the Pakistan customs increased more than Rs.5.8 billion in the last year from expatriates and travelers on import of mobile phones under baggage.

The report states that seventeen companies are now manufacturing mobile phones in the country, while a few foreign companies are also planning to invest in Pakistan’s mobile manufacturing industry.

At the same time, there is a clear policy for mobile phones import commercially. Under the commercial imports, as many as 19.80m handsets were imported during the period FY20 at a total value of Rs.209.316 billion with the FBR collecting Rs.39.414 billion revenue on it.

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