The Federal Board of Revenue (FBR) Customs Valuation has issued revised customs values for used mobile phones imported from abroad, offering relief to consumers and importers alike.
Under the new rates, 62 models from four major brands will see a reduction in Pakistan Telecommunication Authority (PTA) taxes, making them more affordable for buyers. The revised valuation has resulted in customs value reductions ranging from 32% to 89% for certain popular phone models.
Authorities explained that under the previous system, customs clearance was often delayed due to inflated pricing, under-invoicing, and grading discrepancies for used phones. These practices not only caused bureaucratic hurdles but also increased the financial burden on consumers.
The revised customs valuation is expected to streamline the import process for used phones, reduce clearance delays, and make high-quality smartphones more accessible to Pakistani consumers. It is also seen as a measure to curb unfair practices in the import market while encouraging transparency.
The FBR has urged importers and dealers to follow the updated valuation rates and comply with the new system to ensure smooth clearance of used mobile devices at ports.
This move is likely to benefit both end consumers looking for affordable smartphones and businesses involved in the trade of pre-owned mobile devices, fostering a more regulated and fair market.
