The iPhone 8 and the iPhone 8 Plus are two of the latest phones to hit the market, and understandably, they’re causing quite the stir. However, if you’re in Pakistan and looking to get your hands on one of these coveted phones, there are a few things you need to know. Specifically, the PTA taxes on both the Passport and CNIC have been updated, with the iPhone 8 now costing 38,922 rupees for Passport holders and 48,314 rupees for CNIC holders. As for the iPhone 8 Plus, the prices sit at 40,951 rupees for Passport holders and 50,546 rupees for CNIC holders. These are important things to consider when budgeting for your new phone.
iPhone 8 Pta Tax With Passport
| Model | PTA New Taxes on Passport (PKR) | Old Tax on Passport (PKR) |
|---|---|---|
| iPhone 8 | Rs.38,922/-. | Rs.56,622/-. |
| iPhone 8 Plus | Rs.40,951/-. | Rs.58,651/-. |
iPhone 8 Pta Tax With CNIC
| iPhone Models | PTA New Taxes on CNIC (PKR) | Old Tax on CNIC (PKR) |
|---|---|---|
| iPhone 8 | Rs.48,314/-. | Rs.67784/-. |
| iPhone 8 Plus | Rs.50,546/-. | Rs.70,016/-. |
The Pakistan Telecommunication Authority (PTA) has recently revised their taxes on Apple iPhone 8 and 8 Plus. For those registering with a passport, the new tax for iPhone 8 is PKR 38,922, a significant decrease from the previous tax which was PKR 56,622. Similarly, for iPhone 8 Plus, the new tax is PKR 40,951, down from the old tax of PKR 58,651. The scenario changes when registering with a CNIC. The new tax on iPhone 8 is PKR 48,314, compared to the previous rate of PKR 67,784. For iPhone 8 Plus, the new tax is PKR 50,546, compared to the old tax of PKR 70,016. This new tax regime brings a substantial relief for iPhone users.
With the ever-increasing use of smartphones, the Government of Pakistan has imposed new taxes on mobile devices in order to generate revenue and reduce the trade deficit. In this document, we will discuss the new PTA (Pakistan Telecommunication Authority) taxes that have been recently announced for iPhone 8 models with Passport and CNIC.
Background Information
Previously, the tax on Passport and CNIC for iPhone 8 models was relatively higher compared to the new taxes. The old tax rates were Rs.56,622/- and Rs.58,651/- for iPhone 8 and 8 Plus with Passport respectively, while the same devices with CNIC had a tax of Rs.67,784/- and Rs.70,016/-. However, with the new taxes, these rates have significantly decreased to Rs.38,922/- and Rs.40,951/- for iPhone 8 and 8 Plus with Passport respectively, and Rs.48,314/- and Rs.50,546/- for the same models with CNIC.
New Tax Rates for iPhone 8 with Passport
If you plan on purchasing an iPhone 8 and use a passport for verification, then the new tax rate imposed by PTA is Rs.38,922/- for the standard model and Rs.40,951/- for the Plus model. This is significantly lower than the previous tax rates of Rs.56,622/- and Rs.58,651/- for the respective models.
New Tax Rates for iPhone 8 with CNIC
If you use a CNIC for verification, then the new tax rate on both iPhone 8 models is higher than that of using a passport. The standard model will have a tax rate of Rs.48,314/- and the Plus model will have a tax rate of Rs.50,546/-. This is a considerable increase from the previous tax rates of Rs.67,784/- and Rs.70,016/- for the respective models.
Understanding the Difference
One might wonder why there is such a significant difference in tax rates between using a passport and CNIC for verification. The reason is that PTA considers using a CNIC as an individual using a mobile device for personal use, while using a passport is considered as importing a device for commercial purposes. Hence, the higher tax rate.
Impact on Consumers
The decrease in tax rates is good news for consumers as it will make purchasing an iPhone 8 model more affordable. With the new taxes, the price difference between buying a device with Passport and CNIC has also decreased significantly. However, there are certain conditions that need to be met in order to avail the reduced tax rates.
Conditions for Reduced Tax Rates
In order to enjoy the reduced tax rates, customers must provide a valid Passport or CNIC at the time of purchase. This means that tourists and non-Pakistani residents are also eligible for the reduced tax rates as long as they have a valid Passport.
Conclusion
The new PTA taxes on iPhone 8 models with Passport and CNIC have made these devices more accessible to consumers in Pakistan. With the reduced tax rates, purchasing an iPhone 8 model has become a more viable option for many. However, it is important to ensure that the necessary conditions are met in order to avail the reduced tax rates. So, if you’ve been eyeing an iPhone 8, this might just be the perfect time to upgrade! Remember to have your valid Passport or CNIC ready when making your purchase.