Pakistan Increases Import Valuation for Used Mobile Phones
Customs authorities in Pakistan have increased the import valuation for 62 models of old and used mobile phones, leading to a significant price hike for these devices. This move by the FBR has made used imported mobiles considerably more expensive.
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Customs increases import valuation for 62 old and used mobile phone models
ISLAMABAD: The Federal Board of Revenue’s (FBR) Directorate General of Customs Valuation has increased the customs value for 62 models of older and used mobile phones, saying the move was aimed at aligning assessed values for duty and tax purposes with prevailing market rates, it emerged on Thursday. The development comes after senior FBR officials had assured a National Assembly parliamentary committee last week that mobile phone rates would be reduced in the upcoming budget. The directorate...
By none@none.com (Mubarak Zeb Khan)
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