The Federal Board of Revenue (FBR) has reduced customs valuation rates on USB flash drives, memory cards, and other data storage devices, offering relief to importers and consumers alike. The revised values will now be used to calculate customs duty and taxes at the import stage and are intended to reflect current global market prices.
Under the updated structure, customs values for USB drives have been lowered based on storage capacity and country of origin, with imports from China attracting comparatively lower rates. The new valuation applies to all imports of flash drives and memory cards and is effective immediately.
In a related move, the government has also revised customs duties on used and refurbished iPhones. The updated duty structure reduces taxes on nearly 62 percent of used mobile phone models and brings a large number of non-PTA phones into the documented tax system.
As an example, the tax on a used iPhone 15 has been cut from Rs60,000 to Rs42,000, while the iPhone 14 now carries a reduced tax of Rs40,000. These changes are expected to make popular tech devices more affordable and ease price pressure in the local market.
Overall, the move signals a more market-aligned approach to taxing consumer electronics while strengthening documentation and compliance.