Apple iPhone 7 / 7 Plus Tax and Customs Duty in Pakistan
The Apple iPhone 7 and iPhone 7 Plus are highly desirable smartphones in Pakistan, known for their advanced features. However, importing these devices involves various taxes and customs duties. Below is a detailed breakdown of the associated costs.
1. Overview of Taxes and Duties
| Item | Details |
|---|---|
| Customs Duty | 15% – 25% (varies based on device value) |
| Sales Tax | 17% of the CIF value |
| Regulatory Duty | 0% – 10% (varies based on specific regulations) |
| Additional Fees | Import Processing Fee, Withholding Tax (if applicable) |
| Total Estimated Tax/Customs Duty | Approximately 32% – 52% of the total value |
2. Detailed Breakdown
- Customs Duty:
- Ranges from 15% to 25% depending on the device’s value and classification.
- Sales Tax:
- Set at 17% of the total CIF (Cost, Insurance, and Freight) value.
- Regulatory Duty:
- Can vary from 0% to 10% based on current trade policies.
- Additional Fees:
- Includes a nominal Import Processing Fee and potentially a Withholding Tax.
3. Practical Example
To illustrate, if an iPhone 7 is valued at USD 500, the estimated breakdown would be:
| Tax/Charge | Estimated Amount (USD) |
|---|---|
| Customs Duty (20%) | 100 |
| Sales Tax (17% of CIF value) | 85 |
| Regulatory Duty (5%) | 25 |
| Additional Fees | Varies |
| Total Estimated Cost | Approximately 710 (excluding additional costs) |
4. Conclusion
Importing an Apple iPhone 7 or 7 Plus into Pakistan incurs substantial taxes and duties. Prospective importers should factor in these costs when budgeting for their purchase. For precise calculations and up-to-date information, consulting the Federal Board of Revenue (FBR) or a customs agent is advisable.
Note: The rates and duties mentioned are estimates and can vary. Always check with relevant authorities for the most current information.
