Mobile phone imports increase by 13.1pc in seven months

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Pakistan imported cell phones worth Rs55 billion in the first seven months of the ongoing financial year (FY19), Pakistan Bureau of Statistics (FBS) stated in a report.

The mobile phone imports registered an increase of 13.13pc in the last seven months of the year, the FBS report said.

The country had imported Rs48.71 billion mobile phone devices during the same period in the last fiscal year, the bureau said.

The price of imported cell phones has increased due to shrinking value of Pakistan Rupee in comparison to the US Dollar, sources said.

The government last month hiked the import duty on cell phones from 15pc to 44-52pc.

According to phone dealers, the duties, general sales tax (GST), levy, and income tax rates on the imports of mobile phones have been revised upwards.

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