Friday, 19 April 2024
Trending
Registration of Phones with FBR
UPDATES

FBR Issues Clarification on Excessive Charge of Duties & Taxes on Mobile Phones

Federal Board of Revenue (FBR) has issued a clarification on the media news about excess charging of customs duties and taxes on import of mobile phones.

FBR explained that in a meeting with Pakistan Telecommunication Authority (PTA). According to this the passengers can register up to 5 mobile phones on their passports. In case of high end phones of more than USD 500, the difference of duty / taxes between passport and CNIC registration is about Rs. 9,000/-.

Accordingly, in order to correct this anomaly and to limit the registration of mobile phone against passport up to one set. The WeBOC module modified through CRF (change request form). However, during this process, the exemption of withholding tax also deleted from the system. Thus now the system showing and charging total taxes on passport as Rs 36,720/-.

FBR stated that the issue immediately put up with the Director (R&A) Karachi. The team is analyzing the module to resolve the issue and restore the previous amount of chargeable duty and taxes. According to FBR the issue will be resolved soon. Due to this error in the system, all those who paid more duty would be refunded the excess amount soon. FBR said that we regret inconvenience caused to those who had to pay excess duty and taxes.

FBR Clarification | FBR | Federal Board of Revenue | Custom Duty | Excessive | Taxes | Mobile Phones | Registration | Import of Mobile Phones | Mobile Phones Registration |

See also  Updated tax provisions for property rental income in budget 2021-22

Newsletter
Subscribe Now

Sign up for  Daily Digest and get the best of News for you.

[contact-form-7 id="11414" title="Contact form 1"]

Tax.net.pk - Your Tax Experts and Consultants

Welcome to Tax.net.pk

Providing Expert Tax Services for Individuals and Businesses

About Us

At Tax.net.pk, we are dedicated to providing comprehensive tax solutions tailored to meet the needs of individuals and businesses. With years of experience in the industry, our team of tax experts is equipped to handle various tax matters, including tax planning, preparation of tax returns, and compliance.

We strive to stay up-to-date with the latest tax laws and regulations, ensuring that our clients receive accurate and reliable advice. Our commitment to client satisfaction and our in-depth knowledge of the tax landscape make us the trusted choice for all your tax-related needs.

Contact Us

For inquiries or to schedule a consultation, please reach out to us: