Pakistan Taxation, FBR, IRIS, Income Tax, Sales Tax, NTN, GSTN

If you’ve been holding off on buying a high-end smartphone due to sky-high registration costs, there is finally some good news. The Federal Board of Revenue (FBR) has officially issued a new valuation ruling that significantly reduces the customs value for several popular used mobile phone models.  Since PTA taxes are calculated based on the customs value of a device, this update translates into a massive reduction in PTA tax for used iPhones, Samsung devices, Google Pixels, and OnePlus phones. What Has Changed? The Directorate General of Customs Valuation (Karachi) issued Valuation Ruling No. 2035 of 2026 , replacing the outdated values from 2024. Because older models naturally depreciate in the global market, the FBR has lowered their "assessed value" to match international reality. Key Highlights of the PTA Tax Cut: Major Brands Covered: The relief specifically targets used models from Apple, Samsung, Google Pixel, and OnePlus . Deep Discounts on iPhones: Some older iPh...