Pakistan Tehrik-e-Insaf (PTI) government has increased the import duty on imported Mobile Phones to 44-52%, media reports say.
Previously, the duty on imported phones was 15 percent which has now increased threefold.
According to Electronic Dealers’ Association (EDA), the federal government has doubled the taxes, income tax, GST, duties and levies on imported mobile phones.
Besides this, it has also imposed a ‘Type Approval’ condition on imported gadgets.
President EDA, Mohammad Rizwan said that the decision will have drastic effects on the industry.
The prices of mobile phones will rise by as much as Rs.20,000 after the new taxes and duties, he said.
More to come…