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Home Breaking News

DG Valuation determines customs valuation for import of Apple iPhones vide VR No1999/2023

byCT Report
25/04/2025
in Breaking News, Karachi, Latest News, Slider News
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KARACHI: The Directorate General of Customs Valuation, Karachi, an arm of the FBR, issued Valuation Ruling No. 1999/2025 dated April 23, 2025 for fresh customs values that would determine duty and taxes at import stage.

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The directorate stated that the latest valuation ruling supersedes valuation ruling No. 1834/2023 dated December 6, 2023 to the extend of new iPhone Apple mobile phones.

The revised ruling includes a complete update of customs values for the latest iPhone 16 series as well as depreciation adjustments for older models, some of which have reached End of Life (EOL). These changes follow extensive consultations with stakeholders, including data analysis of 90 days of import records and in-market surveys.

The updated customs values (Cost & Freight in USD per unit) are as follows:

iPhone 16 Series

• iPhone 16 128GB: $666

• iPhone 16 256GB: $764

• iPhone 16 512GB: $955

• iPhone 16e 128GB: $591

• iPhone 16e 256GB: $688

• iPhone 16e 512GB: $890

• iPhone 16 Plus 128GB: $764

• iPhone 16 Plus 256GB: $868

• iPhone 16 Plus 512GB: $1,050

• iPhone 16 Pro 128GB: $878

• iPhone 16 Pro 256GB: $977

• iPhone 16 Pro 512GB: $1,178

• iPhone 16 Pro 1TB: $1,379

• iPhone 16 Pro Max 256GB: $1,070

• iPhone 16 Pro Max 512GB: $1,278

• iPhone 16 Pro Max 1TB: $1,469

Other Models (Select Examples)

• iPhone 15 128GB: $600

• iPhone 15 Pro Max 1TB: $1,320

• iPhone 14 Pro Max 256GB: $891

• iPhone 13 Pro Max 512GB: $837

• iPhone 12 Pro Max 512GB: $783

• iPhone 11 128GB: $346

• iPhone X 64GB Space Grey: $347

• iPhone 8 64GB: $239

• iPhone SE 64GB: $205

In total, 187 unique Apple iPhone models and variants are listed in the new valuation, ranging from the latest premium flagship devices to older legacy models still being imported in limited volumes.

This ruling underscores the Customs Department’s goal of aligning import duties with realistic market values while ensuring transparency and documentation in international trade. The updated valuation is effective immediately and will remain valid until revised or rescinded under Section 25A(4) of the Customs Act, 1969.

Importers whose invoice values are higher than those specified in the ruling will be assessed on the higher declared value. Customs officials have been instructed to ensure strict implementation, and any anomalies are to be reported to the Directorate without delay.

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