Customs Valuation Set for Apple I-phones, Including I-phone 16 Models

The Directorate General of Customs Valuation Karachi has established revised customs values for 187 distinct models of Apple I-phones, encompassing the latest I-phone 16 series.

A new valuation ruling (1999 of 2025) was formally issued by the directorate on Friday. The updated customs values for the I-phone 16 range from US$591 to US$1469 per unit, contingent on the specific model.

The new guidelines incorporate different categories of I-phone 16 models, alongside provisions for depreciation on older models. According to the directive, the revised customs values will be enforced on the import of 16 separate variants of the I-phone 16. Additional models covered include the I-phone 15, I-phone 14, I-phone 13, I-phone 12, and I-phone 11, among others.

The ruling indicated that the Directorate had received correspondence from the Collectorate of Customs (Airport) Islamabad, along with various submissions from industry participants, concerning the need to update the existing Valuation Ruling and to incorporate the most recent I-phone 16 Apple devices across different versions. The previous Valuation Ruling had been in effect for over a year, and its customs values no longer accurately represented prevailing international market conditions. Furthermore, certain older models listed in the prior ruling had reached their End of Life (EOL) status and necessitated consideration for depreciation. Consequently, an evaluation to determine the customs values of the goods in question was launched under Sections 25 and 25A of the Customs Act, 1969, based on import data analysis, current market dynamics, and discrepancies between market prices and customs values.

Several meetings to ascertain customs values were organized on the specified dates, with participation from relevant stakeholders. Stakeholders argued for the inclusion of values for the newest I-Phone 16 mobile devices in various configurations and the subsequent depreciation of values for older models.

Their perspectives were carefully considered to establish customs values for the specified goods, as per Section 25A of the Customs Act, 1969. Stakeholders were asked to provide pertinent import documentation to support their arguments. For the purpose of determining customs values for the subject goods, data spanning ninety (90) days was gathered and thoroughly examined. Some records of declared values were available.

The ruling stipulated that the transaction value of the identified phones has been ascertained and will serve as the Customs value for duty and tax assessment.