Yesterday, the federal government announced the budget 2018-19 which amid all the controversy is the sixth and final budget of the sitting government. The coming year, the mobile phone users will have to suffer again as the federal government has imposed new duties on the import of mobile phones.
New Duty on Import of Mobile Phones
The new fee will be applied to mobile phones on the basis of their import value including the taxes and duties.
|Value of Mobile Phone||Imposed Duty|
|Less than Rs. 10,000||0|
|Between Rs. 10,000 and Rs. 40,000||Rs. 1000|
|Between Rs 40,000 and Rs. 80,000||Rs. 3000|
|More than Rs. 80,000||Rs. 5000|
Once again, the taxes will be the cause of the increase in mobile phone prices in Pakistan which will only give fire to the smuggling issue in the country. Also, for the country which is moving towards digitization, it will be a strong blow to its objective of encouraging people to move towards a digitized world.
As per the Finance Bill, the government has proposed the imposition of a regulatory duty of Rs. 175/set on completely knocked down (CKD)/ semi-knocked-down (SKD) kits of the mobile phone set. Previously, this regulatory duty was Rs. 200/set which shows that government is providing a relief of Rs. 25 in the budget 2018-19.