FBR Cuts Customs Valuations for Used iPhones and Other Smartphones
The Federal Board of Revenue (FBR) has announced a reduction in customs assessment values for commercially imported used and older mobile phones, a move expected to benefit both importers and consumers by lowering duties and potentially reducing retail prices.
The revised rates, issued under Valuation Ruling No. 2035 of 2026, came into effect on January 16, 2026. Officials said the adjustment reflects a decline in global prices for older smartphones, particularly Apple iPhones, as they near the end of their commercial lifecycle. The ruling covers 62 models from Apple, Samsung, Google Pixel, and OnePlus, including both revised valuations for older devices and first-time assessments for newer models.
Apple devices, especially used iPhones, saw the most significant reductions, with valuation cuts ranging from 32% to 81% compared to 2024. For example, the iPhone 12 Pro has been reassessed at $155 down from $280, while the iPhone 12 Pro Max now stands at $215 versus $340 previously. The iPhone 13 series also received substantial reductions. Additionally, newer iPhone models have been assigned assessment values for the first time, including iPhone 15 Pro Max at $460, iPhone 15 Pro at $390, and iPhone 15 at $310.
Samsung, Google Pixel, and OnePlus models experienced more modest changes. For instance, Samsung Galaxy S23 Ultra is valued at $255, Pixel 9 Pro XL at $260, and OnePlus 12 at $184.
The ruling applies to used mobile phones imported commercially without boxes or accessories, irrespective of their physical condition. Devices must have been activated at least six months prior to export, and importers are required to declare the activation period for verification. Valuations for models not listed will be determined according to the relevant provisions of the Customs Act.
The adjustment aligns customs valuations with international market prices, signaling the FBR’s effort to modernize import regulations and provide relief to consumers and traders amid fluctuating global smartphone markets.
