Mobile phone prices likely to rise by Rs20,000 as govt ramps up import duties

The government of Pakistan on Friday bumped up the import duty on mobile phones 15 percent to 44-52 percent.

According to the Karachi Electronic Dealers Association (KEDA), the duties, general sales tax (GST), levy, and income tax rates on the imports of mobile phones have been revised upwards.

In addition, a condition of Type Approval has also been implemented on the import of used mobile phones.

In this regard, KEDA President Muhammad Rizwan said he believes the latest decision by the government may possibly hike up the prices of mobile phones by as much as Rs20,000.