ISLAMABAD:
The Directorate General of Customs Valuation Karachi, a subordinate department of the Federal Board of Revenue (FBR), has set new customs values for old and used mobile phones imported from overseas, a move expected to reduce the overall PTA tax on such devices.
The revised values will apply only to old and refurbished mobile phones. Several popular smartphone brands, including Apple, Samsung, Google and OnePlus, are covered under the new valuation.
According to a notification issued by the Directorate General of Customs Valuation Karachi, any petition seeking a review of the new valuation can be filed within 30 days of the issuance of the notification. The petition is to be submitted to the Directorate General of Customs Valuation Karachi.
For all affected phones, see the full report here:
Under the new customs values, the PTA tax on the iPhone 15 series has been revised downward. The iPhone 15 was launched in the US market at $799, but is currently available in used or refurbished condition for between $300 and $400. Taking an average price of $350, the phone’s value comes to around Rs97,800.
At this price, the PTA tax on the iPhone 15 is Rs34,101 via CNIC and Rs31,640 via passport, bringing the total cost of the phone to around Rs130,000 or more.
The expected price of a used iPhone 15 Plus is $370, or about Rs103,465. PTA tax on this model is Rs46,068 via CNIC and Rs40,448 via passport, after which the total market price is expected to be around Rs145,000 or more.
The average price of a used iPhone 15 Pro has been set at $400, or roughly Rs111,400. Under the revised values, PTA tax on this phone is Rs47,580 via CNIC and Rs41,960 via passport, pushing the total price to around Rs155,000 or more.
For the iPhone 15 Pro Max, PTA tax has been fixed at Rs50,604 via CNIC and Rs44,984 via passport, with the total price likely to reach around Rs175,000.
Officials said that due to the new customs values, used iPhones have become relatively more affordable for Pakistani consumers, and an increase in demand for refurbished phones is expected in the local market.
