The National Assembly (NA) on Wednesday passed the Finance Bill 2022-23, which includes a levy on the import of cellphones, ARY News reported.
The bill was presented by Minister of State for Finance Ayisha Ghous Pasha in the session. All budget proposals from opposition members were rejected with a majority vote.
The levy on mobile handset import will be applied to smartphones of different price categories, as specified in the Finance Bill.
The bill proposes a levy of Rs100 per set on mobile phones with a C&F value of up to $30. For mobile phones with a C&F value between $30 and $100, the levy will be Rs 200 per set. For mobile phones with a C&F value between $101 and $200, the levy will be Rs600 per set.
Similarly, the rate of levy on the import of per set having a C&F value between $201 and $350 will be Rs1,800. The rate of levy per set on mobile phones having a C&F value between $351 and $500 will be Rs4,000. The rate of levy per set on mobile phones having a C&F value between $501 and $700 will be Rs8,000.
The government will charge levy of Rs 16,000 per set on mobile phones having a C&F value of above $701.
