Tag: mobile handset levy

  • Mobile handset levy increased up to Rs7,000 per set

    Mobile handset levy increased up to Rs7,000 per set

    ISLAMABAD: The government has increased mobile handset levy up to Rs7,000 per set from the date of implementation of Finance Supplementary (Second Amendment) Act, 2019.

    The government through Finance Act, 2018 introduced mobile hand set levy at different rates as values of smart phones were determined in Pak Rupee value.

    However, through Finance Supplementary (Second Amendment) Act, 2019, the determination of value of smart phones has been changed to US Dollar and the categories have been increased to six.

    Following are the amendment to levy on mobile handsets:

    01. Mobile phones have cost and freight value up to $30: No levy

    02. Mobile phones have cost and freight value above $30 and up to $100: No levy

    03. Mobile phones have cost and freight value above $100 and up to $200: Rs500

    04. Mobile phones have cost and freight value above $200 and up to $350: Rs1,500

    05. Mobile phones have cost and freight value above $350 and up to $500: Rs3,500

    06. Mobile phones have cost and freight value above $500: Rs7,000

    Previously there were four categories, which were as follow:

    01. Where Import value of handset (including duties and taxes) does not exceed Rs.10,000/: No levy

    2. Where Import value of handset (including duties and taxes) exceeds Rs.10,000 but does not exceed Rs.40,000/: Rs1,000

    3. Where Import value of handset (including duties and taxes) exceeds Rs.40,000 but does not exceed Rs.80,000/: Rs3,000

    4. Where Import value of handset (including duties and taxes) exceeds Rs.80,000/: Rs5,000

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