If you are thinking of asking your relative or a friend to bring you iPhone 13 Pro Max 1TB from abroad, think again. The government has yet again increased taxes on luxury phones.
Let’s suppose you buy the highest-end iPhone from abroad. The 1TB phone will cost you $1,730.92 which is 305,068.94 PKR, for the highest-end iPhone.
If you will a buy a 128GB phone it will cost you $1,189.67 which is 208,571.16 PKR. Similarly, the price for a 256GB phone will be $1,297.92 which is 227,549.39 PKR.
The price of a 512GB phone is 1514.42$ which is 265,505.84 PKR.
A government source has informed The Current that phones from abroad are now being subjected to 17% sales tax instead of a fixed sales tax. The total tax will also include customs tax.
Earlier, the fixed sales tax on the iPhone13 Pro max was Rs. 10,000 but if you now calculate a 17 per cent tax on 305,068.94 PKR in our case, the tax will be 51,861.7198. The customs tax is Rs 34,000 on the iPhone.
If you now want to buy an iPhone 13 Pro max in Pakistan, the total tax will be 51,861.7198+34,000=85,861.17 for the 1TB Phone.
If you have a passport on which you came back with the phone, it will cost you a little less, 51,861.7198+26,000=77,861.7198.
Government sources while talking to The Current said, “If a person can afford a phone worth almost 300k, then he can pay 78k too. These phones have inelastic demands.”
“Most smartphones sold in Pakistan (more than 80%) and mid category (between $150-200). 70% of these are now made in Pakistan and have very little tax on them. The ones in the range that are imported have a tax of around Rs 5-8k on them,” the source added.
