KARACHI: The Finance Bill 2014 has introduced a new sub-section for fixing sales tax rates on cellular/smart phones under ninth schedule which is ranging from Rs 150 to 500 per/set under Section 3 of the Sales Tax Act 1990.
As currently applicable on mobile / cellular phones under SRO.460(I)/2013, dated May 30, 2014 are proposed to be embedded under ninth schedule to the act, subject to similar conditions.