When planning to purchase an iPhone 13 in Pakistan, it is important to consider the various taxes that are imposed on the device. Understanding the tax structure in Pakistan is essential to estimate the costs associated with buying an iPhone 13. The tax system in Pakistan comprises of several taxes, including income tax, sales tax, customs duty, and excise duty, which are imposed by both the federal and provincial governments.
When it comes to purchasing an iPhone 13 in Pakistan, there are four types of taxes that you need to take into account. Firstly, the customs duty, which is a tax imposed on imported goods and varies depending on the iPhone model and storage capacity. Secondly, the sales tax, which is applied to the retail price of the iPhone and collected by the seller at the time of purchase. The current sales tax rate on mobile phones in Pakistan is 17%. Thirdly, the federal excise duty, which is applied to the retail price of the iPhone and is currently 1%. Finally, the provincial sales tax, which is imposed by the provincial governments and its rate may vary depending on the province where the iPhone is purchased. It is important to note that this tax is applied on top of the federal sales tax.
To calculate the total tax on an iPhone 13 model, let’s take a hypothetical example of an iPhone 13 with 128GB storage capacity and a retail price of PKR 200,000. Assuming a customs duty rate of 10%, the customs duty would be PKR 20,000. Further, the sales tax on this iPhone 13 model would be PKR 34,000, which is 17% of the retail price. The federal excise duty would amount to PKR 2,000, which is 1% of the retail price. Let’s assume the provincial sales tax rate is 3%. The provincial sales tax on this iPhone 13 model would be PKR 7,020 which is 3% of PKR 234,000 (retail price + customs duty + sales tax + federal excise duty). Therefore, the total tax on this iPhone 13 model would be PKR 63,020.
In conclusion, the taxes imposed on iPhone 13 in Pakistan have a significant impact on its overall cost. Potential buyers should consider these taxes while budgeting for the purchase of an iPhone 13 in Pakistan. We hope this information has been helpful to you. If you have any questions or need more information, please do not hesitate to contact us.z