New withholding tax card for imported mobile phones proposed

KARACHI: The government has proposed new withholding tax rates for imported mobile phones through Finance Supplementary (Second Amendment) Bill, 2019, presented on January 23, 2019.
 
 
 
The import of mobile phones under Section 148 of Income Tax Ordinance, 2001 by any person, shall attract new withholding tax card, which is as follow:
01. Up to $30 C&F value: Rs70
02. Exceeding $30 and up to $100 C&F: Rs730
03. Exceeding $100 and up to $200 C&F: Rs930
04. Exceeding $200 and up to $350 C&F: Rs970
05. Exceeding $350 and up to $500 C&F: Rs3,000
06. Exceeding $500: Rs5,200
Copyright © PkRevenue.com 2019

Leave a Reply

You have to agree to the comment policy.