Budget 2022 increases the levy on mobile phone imports dramatically

Budget 2022 increases the levy on mobile phone imports dramatically

Through the Finance Bill, 2022, a new fee of up to Rs 16,000 has been proposed for the import of mobile phone devices.

According to the Finance Bill, a mobile handset fee would be imposed at various rates on smartphones of various price ranges.

A fee of Rs. 100 per set on a mobile phone with a cost and freight (C&F) value of up to $30 will be imposed under the plan. On mobile phones with a C&F value of $30 to $100, the tax rate per set will be $200. On mobile phones with a C&F worth between $101 and $200, the levy rate per set will be 600.

Similarly, the levy rate on mobile phones with a C&F value of $201 to $350 will be 1800 per set. On mobile phones with a C&F worth of $351 to $500, the rate of tax per set will be $4000. On mobile phones with a C&F worth of $501 to $700, the rate of tax per set will be 8000. Mobile phones with a C&F worth of more than $701 will be subject to a charge of $16,000 per set.

Sr. No.Mobile Phones having C&F Value (US Dollars)Rate of levy per set in Pak Rupees
1Up to 30100
2Above 30 and up to 100200
3Above 101 and up to 200600
4Above 201 and up to 3501800
5Above 350 and up to 5004000
6Above 501 and up to 7008000
7701 and above16000

The tariff on the import of mobile handsets is expected to bring in Rs. 10 billion for the government.

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