Imported mobile phones taxes will now be based on this FBR list. Directorate General of Customs Valuation (DGCV) Karachi has increased customs prices on imports of various brands of well-known mobile phones for accurate assessment of duties and taxes.
In this regard, DG Valuation has issued pricing advice for the Model Customs Collectorate (MCC).
This new ValueVoiceAdvice has rejected the Directorate’s ValuationAdvice issued on October 21, 2020.
According to the Directorate, custom values
The assessment decision states that the Directorate General of Customs Valuables conducted an exercise under Section 25 of the Customs Act, 1969 to assess the customs values
The list is not complete. However, it covers most of the traded brands and models provided by the Mobile Phone Importers and Developers Association (MPIMA). For the evaluation of brands and models which are imported in commercial quantities but are not included in the list, clearance clerks are advised to review them under Section 81 of the Customs Act I969 and then Send a reference to the Directorate General. The ultimate commitment to its values.
If type approval is not granted or complied with in the attached list, the clearance collectors will meet the formal requirements of type approval / certificate compliance with the PTA, as envisaged by law.
It is worth mentioning that the Valuation Advice will be updated regularly and issued accordingly.