Cellphone imports surge 57pc in 9MFY21

Published April 18, 2021
Pakis­tan’s imports of cellphones swelled by 56.74 per cent to $1.54 billion in the first nine months of 2020-21 compared to $979.965 million over the corresponding period last year. — Reuters/File
Pakis­tan’s imports of cellphones swelled by 56.74 per cent to $1.54 billion in the first nine months of 2020-21 compared to $979.965 million over the corresponding period last year. — Reuters/File

ISLAMABAD: Pakis­tan’s imports of cellphones swelled by 56.74 per cent to $1.54 billion in the first nine months of 2020-21 compared to $979.965 million over the corresponding period last year.

Since July 1, 2019, the government has withdrawn the facility of duty-free mobile handset arrivals under the baggage rules from abroad. At the same time, the Federal Board of Revenue (FBR) in collaboration with PTA introduced Device Identification, Registration and Blocking System (DIRBs) to discourage smuggling and trade in non-duty paid cellphones.

With an increasing trend for e-commerce, business meetings and online education in the wake of Covid-19 pandemic, a surge in demand for low-cost smartphones in the range of Rs10,000-40,000 has grown sharply.

Korean and Chinese manufacturers offer one to two new cellphones every one to two months in the range of Rs15,000-25,000 with 2/3 GB RAM and 32/64 GB storage options.

The FBR collection also posted hefty growth on regular import of mobile sets in 9MFY21. It has emerged as one of the major revenue spinners for FBR in the category of machinery as most of the machinery are still duty-free.

Published in Dawn, April 18th, 2021

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Afghan strikes
Updated 26 Dec, 2024

Afghan strikes

The military option has been employed by the govt apparently to signal its unhappiness over the state of affairs with Afghanistan.
Revamping tax policy
26 Dec, 2024

Revamping tax policy

THE tax bureaucracy appears to have convinced the government that it can boost revenues simply by taking harsher...
Betraying women voters
26 Dec, 2024

Betraying women voters

THE ECP’s recent pledge to eliminate the gender gap among voters falls flat in the face of troubling revelations...
Kurram ‘roadmap’
Updated 25 Dec, 2024

Kurram ‘roadmap’

The state must provide ironclad guarantees that the local population will be protected from all forms of terrorism.
Snooping state
25 Dec, 2024

Snooping state

THE state’s attempts to pry into citizens’ internet activities continue apace. The latest in this regard is a...
A welcome first step
25 Dec, 2024

A welcome first step

THE commencement of a dialogue between the PTI and the coalition parties occupying the treasury benches in ...