Saturday, February 22, 2020

Experts Ask for a New Strategy to Tax Imported Mobile Phones

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The Federal Board of Revenue (FBR) has received proposals to revive the power of 1 duty-free handset during a civil year under gift/personal baggage scheme and reduce tax slabs on all categories of mobile phones brought into the country to encourage penetration of smartphones.

FBR has sought budget proposals for the subsequent financial year and therefore the telecom sector is additionally actively approaching the Board for consideration of viable tax proposals and policy changes within the telecom sector specifically to affect the negative implications of the Device Identification, Registration & Blocking System (DIRBS).

Experts in one among the leading telecom companies proposed that the govt should devise a technique for depreciating the worth of mobile handsets and revise the tax slabs accordingly as is that the case of other imported items.

As per the Prime Minister’s vision of facilitating expatriate Pakistanis, the govt should reinstate one duty-free handset during a civil year under the gift/personal baggage scheme.

As more devices are registered, the govt is going to be ready to increase its pool of taxes. this may also curb the menace of street crimes within the country because the government will have increased the supply of knowledge regarding mobile phones.

Pakistan Telecom Authority (PTA) had enforced the implementation of Device Identification, Registration & Blocking System (DIRBS) on all cellular mobile operators.

The DIRBS system intends to verify, detect and discourage illegal, non-compliant, non-tax paid handsets and devices by authenticating currently active devices on cellular networks and ensuring continuous monitoring as new devices are activated.

An Overseas Pakistani/Foreign traveler residing in Pakistan for quite 180 days employing a Pakistani network SIM has got to pay all taxes associated with their mobile handset.

After the implementation of DIRBS, many problems have surfaced, which include high taxation, negative impact on used handset retail industry and affordability of handsets/IoT devices by common Pakistani which is hampering Prime Minister’s Digital Pakistan vision.

Second-hand mobile Sales Declining
The business of second-hand mobile phones has also tremendously declined because a number of these phones can only work with registered SIMs thus without the registered SIM their value.

Second-hand mobile phones were available at cheap rates; therefore, it had been easier for a lower/middle class to shop for them but now one is apprehensive about buying these phones because the IMEI number could also tamper.

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