ISLAMABAD: The government has slapped health levy on tobacco and mobile handset through the Finance Bill 2018.
For imposition of health levy on tobacco, the Pakistan Tobacco Board or its contractors, at the time of collecting cess on tobacco, directly or indirectly, shall collect the Health Levy at the rate of ten rupees per kilogram of tobacco from every person purchasing tobacco, including manufacturers of cigarettes.
There shall be a levy on mobile handsets at specified rates. Where import value of handset (including duties and taxes) does not exceed Rs10,000, there will be zero tax. Where import value of handset (including duties and taxes) exceeds Rs10,000 but does not exceed Rs40,000, the levy will be Rs1,000.
Where import value of handset (including duties and taxes) exceeds Rs40,000 but does not exceed Rs80,000, the fixed levy will be charged at Rs3,000. Where import value of handset (including duties and taxes) exceeds Rs80,000, the fixed levy will be charged at Rs5,000.
IHC registrar declined to comment on confidential matters
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