Last Updated on: 23rd July 2023, 05:55 am
New Import Taxes On Mobile Phones
There’s a reason why new iPhones cost an absurd amount in Pakistan. Import taxes have continued to rise, to the point where a basic iPhone 14 costs more than last year’s iPhone 13 Pro Max with double the storage.
Based on the new prices, a 128GB iPhone 14 is Rs 419,999, a base iPhone 14 Plus is Rs 459,999, the cheapest iPhone 14 Pro is Rs 489,999 and the iPhone 14 Pro Max is Rs 529,999 on commercial tariffs, which are always higher than those Total cost of a phone plus import taxes.
For import taxes only, the following tables show the new rates. Please note that these prices are valid from August 22nd and will be valid until next year on the same day. As always, tariffs for imports with passports and CNIC are different.
Passport Rates
Mobile Phone Value in USD | Fixed Rate in PKR |
Up to 30 | 1230 |
Above 30 and up to 100 | 6400 |
Above 100 and up to 200 | 17280 |
Above 200 and up to 350 | 23800 + 17% Sales Tax |
Above 350 and up to 500 | 34000 + 17% Sales Tax |
Above 500 and up to 700 | 52000 + 17% Sales Tax |
Above 700 | 60000 + 17% Sales Tax |
CNIC Rates
Mobile Phone Value in USD | Fixed Rate in PKR |
Up to 30 | 1430 |
Above 30 and up to 100 | 7843 |
Above 100 and up to 200 | 20031 |
Above 200 and up to 350 | 24770 + 17% Sales Tax |
Above 350 and up to 500 | 39000 + 17% Sales Tax |
Above 500 and up to 700 | 635000 + 17% Sales Tax |
Above 700 | 71500 + 17% Sales Tax |
Based on these fees, importing an iPhone 14 via passport is expected to cost around Rs 276,100. A basic iPhone 14 costs $799 or Rs.184,701. Adding 17% sales tax (Rs 399) + Rs 60,000 brings the total value to Rs 276,100. This shows how much margin phone dealers usually have.
This means that all upcoming phones, especially flagship phones, will be launched in Pakistan at ridiculous prices. Samsung’s new foldable, for example, will easily cost you around 400,000 rupees or more.
Also Read: Federal Govt Bans Import of Luxury & Non-Essential Items