Tag: Import

Importing mobile phones has just become 86% cheaper

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).