As the new iPhone X hits store shelves, some consumers may be wondering what the PTA tax is and why it’s included in the cost of the phone. Here’s a breakdown of what this tax is and how it affects your purchase.
iPhone X PTA Tax in 2024
The government of Pakistan is working on a new tax regime for cellular phones. According to sources, the new taxes will be applied to all imported phones, including the Apple iPhone X. The taxes are expected to generate revenue of Rs. 2 billion for the government in the financial year 2024.
The move has been criticized by some, who argue that it will make mobile phone ownership more expensive and discourage people from using them. However, others have welcomed the move, arguing that it will help to finance much-needed infrastructure projects in Pakistan. The final decision on the matter is expected to be made by the end of 2024.
Apple iPhone X Tax/Customs Duty in Pakistan 2024
If you’re planning on importing an Apple iPhone X into Pakistan, you’ll need to pay a tax or customs duty on the device. The amount you’ll need to pay depends on the value of the phone and whether you’re using a passport or Pakistani ID card to import it.
Apple iPhone X (64GB):
PKR 93271 (On Passport)
PKR 115248 (On ID Card)
Apple iPhone X (128GB):
PKR 93271 (On Passport)
PKR 115248 (On ID Card)
Also Read: PTA Tax Calculator
so if you’re planning on importing an Apple iPhone X into Pakistan, be sure to factor in the cost of taxes and customs duties.
PTA Tax on iPhone X
The tax on an iPhone X in Pakistan depends on the storage capacity of the phone. For the 64GB model, the tax payable is PKR 115248 when using a passport and PKR 93271when using an ID card. For the 128GB model, the tax payable is also PKR 115248 when using a passport and PKR 932710 when using an ID card.
When purchasing an iPhone X in Pakistan, it is important to be aware of the taxes that are applicable to the phone. The amount of tax payable depends on the storage capacity of the phone, with the 64GB and 128GB models both attracting a tax of PKR 115248 when using a passport, and PKR 93271 when using an ID card. These taxes must be paid in addition to the purchase price of the phone itself, so it is important to factor them into your budget when planning to buy an iPhone X in Pakistan.
When it comes to smartphones, there is no denying that the iPhone X is one of the best in the market. However, what many people don’t know is that buying an iPhone X in Pakistan can be quite expensive due to the taxes imposed on it.
The government of Pakistan imposes a 17% sales tax on all imported goods, which includes the iPhone X. In addition to this, there is also a withholding tax of 2% that is imposed on all phone imports. This means that the total tax on an iPhone X bought in Pakistan would be 19%.
To put things into perspective, an iPhone X that costs $999 in the US would cost Rs165,000 in Pakistan after taxes. This makes the iPhone X one of the most expensive phones in Pakistan.
If you’re thinking of buying an iPhone X in Pakistan, it is important to keep in mind the taxes that will be imposed on it. Otherwise, you might end up spending a lot more than you had originally planned.