A new levy of up to Rs 16,000 has been proposed on the import of mobile phone handsets through Finance Bill, 2022.
According to the Finance Bill, there shall be a mobile handset levy at the rates specified on smartphones of different price categories.
Under the proposal, there will be a levy of Rs. 100 per set on a mobile phone with cost and freight (C&F) value of up to $30. The rate of levy per set on mobile phones having a C&F value between $30 and $100 will be 200. The rate of levy per set on mobile phones having a C&F value between $101 and $200 will be 600.
Similarly, the rate of levy per set on mobile phones having a C&F value between $201 and $350 will be 1800. The rate of levy per set on mobile phones having a C&F value between $351 and $500 will be 4000. The rate of levy per set on mobile phones having a C&F value between $501 and $700 will be 8000. The rate of levy per set on mobile phones having a C&F value of above $701 will be 16000.
Sr. | Mobile Phones having C&F Value (US Dollars) | Rate of levy per set in Pak Rupees |
1. | Up to 30 | 100 |
2. | Above 30 and up to 100 | 200 |
3. | Above 101 and up to 200 | 600 |
4. | Above 201 and up to 350 | 1800 |
5. | Above 350 and up to 500 | 4000 |
6. | Above 501 and up to 700 | 8000 |
7. | 701 and above | 16000 |
The government has estimated a revenue of Rs. 10 billion from the levy on the import of mobile handsets.