Mobile phones: ST shall be charged on import and supply The Federal Board of Revenue (FBR) has revised certain specifications of medium priced mobile phones, satellite phones and smart cellular phones for charging sales tax on their import and supply. The FBR has amended SRO.460(I)/2013 through an SRO.740(I)/2013 issued here on Friday. According to an SRO.460(I)/2013, the sales tax shall be charged on the import and supply of the mobile phones at the specified rates subject to the conditions, restrictions, mode and manner. Under the first category, low priced mobile phones or satellite phones (all cameras: 2.0 mega pixels or less; screen size: 2.6 inches or less; key pad) would be subjected to sales tax of Rs 150 per set at the import stage. The rate of sales tax on supply (to be collected at the time of sale or activation of SIM card) would be Rs 250. Under the revised second category, medium priced mobile phones or satellite phones (one or two cameras: between 2.1 to 10 mega pixels; screen size: between 2.6 inches and 5 inches and micro-processor: less than 2 GHZ) would be subjected to sales tax of Rs 250 per set at the import stage. The rate of sales tax on supply (to be collected at the time of sale or activation of SIM card) would be Rs 250. Under the third revised category, smart cellular phones or satellite phones (one or two cameras: between 10 mega pixels and above; touch Screen: size 5 inches and above; 4GB or higher basic memory; operating system of the type IOS, android V2.3, android Gilgerbread or higher, windows 8 or blackberry RIM and micro-processor: 2 GHZ or higher, dual core or quad core) would be subjected to sales tax of Rs 500 per set at the import stage. The rate of sales tax on supply (to be collected at the time of sale or activation of SIM card) would be Rs 250. Following is the text of the notification issued here on Friday: In exercise of the powers conferred by clause (b) of sub-section (2) and sub-section (6) of section 3, clause (b) of sub-section (1) of section 8, clause (a) of sub-section (2) of section 13 and section 71 of the Sales Tax Act, 1990, the Federal Government is pleased to direct that the following amendments shall be made in its Notification No SRO 460(I)/2013 dated 30th May, 2013, namely: In the aforesaid notification, in the table, in column (1), in category B, in clause ii, for the figure "4.2", the figure "5" shall be substituted; and in category C, in clause ii, for the figure "4.2", the figure "5" shall be substituted, it added.
Posted on: Mon, 09 Sep 2013 09:38:56 +0000
Trending Topics
Recently Viewed Topics
© 2015