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FBR Revises Used Mobile Phone Customs Values, Prices Drop

Gravatar Avatar Web Desk | 4 months ago

Pakistan’s Federal Board of Revenue (FBR) has announced a used mobile phones custom value revision, bringing relief to consumers across the country. Under the new decision, revised customs valuation rates have been issued for imported used mobile phones, which is expected to lower overall costs and speed up clearance at ports.

According to FBR Customs Valuation, the updated rates will result in a reduction of PTA taxes on a total of 62 models from four major mobile phone brands. This move is aimed at making used smartphones more affordable for buyers who rely on imported devices.

Officials confirmed that under the new valuation system, the customs value of phones from one leading brand has been reduced by 32 percent to as much as 89 percent, depending on the model. These significant cuts will directly translate into lower taxes and retail prices.

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Customs authorities explained that the previous valuation method had several issues. Inflated prices, under-invoicing, and unclear grading of used phones often caused delays in clearance, increasing costs for importers and ultimately burdening consumers.

With the used mobile phones custom value revision, FBR aims to bring transparency, fair pricing, and quicker clearance of imported devices. The policy is expected to benefit consumers, importers, and the overall mobile phone market by reducing unnecessary costs and improving availability.

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