AIRLINK 80.60 Increased By ▲ 1.19 (1.5%)
BOP 5.26 Decreased By ▼ -0.07 (-1.31%)
CNERGY 4.52 Increased By ▲ 0.14 (3.2%)
DFML 34.50 Increased By ▲ 1.31 (3.95%)
DGKC 78.90 Increased By ▲ 2.03 (2.64%)
FCCL 20.85 Increased By ▲ 0.32 (1.56%)
FFBL 33.78 Increased By ▲ 2.38 (7.58%)
FFL 9.70 Decreased By ▼ -0.15 (-1.52%)
GGL 10.11 Decreased By ▼ -0.14 (-1.37%)
HBL 117.85 Decreased By ▼ -0.08 (-0.07%)
HUBC 137.80 Increased By ▲ 3.70 (2.76%)
HUMNL 7.05 Increased By ▲ 0.05 (0.71%)
KEL 4.59 Decreased By ▼ -0.08 (-1.71%)
KOSM 4.56 Decreased By ▼ -0.18 (-3.8%)
MLCF 37.80 Increased By ▲ 0.36 (0.96%)
OGDC 137.20 Increased By ▲ 0.50 (0.37%)
PAEL 22.80 Decreased By ▼ -0.35 (-1.51%)
PIAA 26.57 Increased By ▲ 0.02 (0.08%)
PIBTL 6.76 Decreased By ▼ -0.24 (-3.43%)
PPL 114.30 Increased By ▲ 0.55 (0.48%)
PRL 27.33 Decreased By ▼ -0.19 (-0.69%)
PTC 14.59 Decreased By ▼ -0.16 (-1.08%)
SEARL 57.00 Decreased By ▼ -0.20 (-0.35%)
SNGP 66.75 Decreased By ▼ -0.75 (-1.11%)
SSGC 11.00 Decreased By ▼ -0.09 (-0.81%)
TELE 9.11 Decreased By ▼ -0.12 (-1.3%)
TPLP 11.46 Decreased By ▼ -0.10 (-0.87%)
TRG 70.23 Decreased By ▼ -1.87 (-2.59%)
UNITY 25.20 Increased By ▲ 0.38 (1.53%)
WTL 1.33 Decreased By ▼ -0.07 (-5%)
BR100 7,629 Increased By 103 (1.37%)
BR30 24,842 Increased By 192.5 (0.78%)
KSE100 72,743 Increased By 771.4 (1.07%)
KSE30 24,034 Increased By 284.8 (1.2%)

ISLAMABAD: The Directorate General of Customs Valuation, Karachi has raised customs values of the accessories of Chinese-origin mobile phone brands for accurate assessment of duties and taxes at the import stage. The directorate has issued a valuation ruling number 1580 of 2021 to supersede the earlier ruling 1448 of 2020.

Under the new ruling, the Federal Board of Revenue (FBR) will charge custom values in US dollars on the import of various types of mobile phone accessories, ranging between $0.06 to $7. The minimum customs values have been fixed on the basis of specific type of the accessory and its origin.

The directorate communicated the new ruling to all Model Customs Collectorates (MCCs), on Thursday. The directorate has re-determined the values under section 25-A of the Customs Act, 1969, after conducting a detailed market survey and hearing the viewpoint of the stakeholders/importers.

The directorate has also allocated new Pakistan Customs Tariff (PCT) headings to each accessory of mobile phone for clearance under the WEBCO system. The FBR has categorised the mobile phone accessories in three categories and created three new valuation tables of category-A (16 items); category-B (15 items), and category-C(10 items).

According to the new ruling, the minimum customs values of the mobile phone accessories has been enhanced on the import of various types of mobile chargers, car charges, mobile phone batteries, power bank, selfie sticks, glass protectors, mobile phone hands free, Bluetooth handsfree, desktop battery charger, ear phones with smart jack, wired headphones, wireless headphones, mobile data charging cable, card readers, wireless charger stand/pad, mobile charger smart jack, pouch, built in mobile battery, mobile bar phones and other accessories specified in the new ruling.

The ruling added that the values of the mobile phone accessories of Apple brand and official partner of Apple are available at Apple website. Customs officials should refer to the said website for the accurate assessment of duties at the import stage.

Copyright Business Recorder, 2021

Comments

Comments are closed.