Mobile phones imports witnessed a phenomenal growth of 23.71 percent in the current fiscal year (July-October) 2017-18. The value remained at $245.203 million compared to $198.205 million during the same period of 2016-17 (July-October).
Mobile phone imports in October 2017, which were $54.709 million, decreased by 10.9 percent than $61.403 million imports in September 2017, but increased by 5.95 percent compared to $51.639 percent in October 2016, revealed the latest data released by the Pakistan Bureau of Statistics (PBS).
Overall telecom imports saw increase of over 19 percent during July-October 2017 compared to the same period of last year. Total imports were recorded at $450.165 million during this period compared to $378.194 million in July-October 2016. Telecom imports remained $116.690 million and registered 13.53 percent as compared to $102.781 million during September 2017.
Other telecom apparatus import also witnessed growth of over 13.87 percent in July-October 2017 as it stood at $204.962 million against $179.989 million during the same period of last year. When compared to September 2017, other telecom apparatus imports registered over 49 percent growth as these were worth $61.981 million compared to $41.378 million in September 2017.
The government has increased Regulatory Duty (RD) on the import of wide range of telecom items/equipment including cellular mobile which may increase its prices.
According to the SRO 1035 (I)/2017 issued by the Federal Board of Revenue (FBR) RD has been imposed on cellular mobile phone at the rate of Rs 250 per set. Further 5 percent RD has been imposed on Line telephone sets with cordless handsets, 20 percent on telephone cables, 20 percent on optical fibre cables, 40 percent on LCD & LED, 50 percent on video game consoles and machines, articles for funfair, table or parlour games, including pintables, billiards, special tables for casino games and automatic bowling alley equipment and 30 percent on articles and equipment for general physical exercise, gymnastics or athletics.
More details are available here.