Importing a mobile phone has become 86% cheaper as the FBR slashes import duties for phones that cost $100 or less. The sales tax on importing mobile phones that cost up to $100 has been reduced from Rs1,320 to Rs200 while the withholding tax has been decreased from Rs750 to Rs200. The overall mobile imports increased by 58% in the Financial year 2019 (July to November 2019).
Sales and withholding taxes on phones that cost above $100 remain unchanged for now and the revision in the regulatory duties on the import of phones at Customs is in the pipeline
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