Used imported mobiles become costlier after 175% FBR hike
The federal government has increased taxes on used imported mobile phones after raising their customs valuation by up to 175%, making 62 models of various brands more expensive. According to documents available to The Express Tribune, the Federal Board of Revenue (FBR) has revised the customs valuation of imported mobile phones through its Directorate General of Customs Valuation, issuing a new valuation ruling under which taxes will henceforth be collected based on revised values. Officials said the increase in customs valuation has directly raised the tax burden on imported mobile phones. Following the new ruling, 62 models of various well-known brands have become costlier. The new framework applies to all used mobile phones regardless of their condition. It further requires that imported mobile phones must have been activated at least six months before import, and importers are required to provide activation details, which will be verified by customs authorities. The previous valuat...