KARACHI: The Directorate General of Customs Valuation has reduced the customs value for importing used computers, laptops, and printers from various countries.
According to a private media report, the Directorate issued a new valuation ruling (2000 and 2025) on Friday to facilitate importers. The reduced customs values will apply to these items and their accessories.
The ruling noted that the previous valuation was over a year old. Based on imported data analysis, current market trends, and price differences, a process was initiated under Sections 25 and 25A of the Customs Act 1969 to determine customs values.
Stakeholders attended a meeting and emphasized that prices for used models have decreased and should be valued accordingly. The customs value for used IT equipment like laptops and printers was set based on their transaction value for duty and tax calculations.
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Meanwhile, Pakistan’s IT companies have urged the government to ease taxes on the IT sector to boost exports in the coming years.
Muhammad Umair Nizam, Senior Vice Chairman of the Pakistan Software Houses Association (PASHA), suggested reducing the income tax rate on employee salaries from 35% to 5% to help IT firms sustain export growth.
He said this would give IT companies a competitive edge over freelancers, who pay only 1% tax. PASHA also demands a 10-year tax exemption, relaxed foreign exchange rules, commercial bank support, simplified sales tax, funds for skill development, and the immediate establishment of Special Technology Zones (STZs) and IT parks.
