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Tuesday, June 30, 2026
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Tax on imported phones allowed in instalments

ISLAMABAD: The Finance Act 2026 has allowed Pakistani citizens to pay tax in instalments on the imported mobile phones from July 1, 2026. This is subject to the condition that all the instalments shall be paid before the end of the financial year in which the import of mobile phone is made. The Finance Act 2026 has amended Ninth Schedule of the Sales Tax Act 1990. An individual liable to pay tax on imported mobile phone device through Device Identification, Registration and Blocking System of Pakistan Telecommunication Authority, may be allowed to pay tax in instalments as may be prescribed, subject to the condition that all the instalments shall be paid before the end of the financial year in which the import is made, the Finance Act added. Copyright Business Recorder, 2026

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