Mobile Phone Tax: To discourage the usage of pricey phones, the Finance Bill 2023 levies a tax on imported mobile phones ranging from Rs100 to Rs16,000.
|
Sr. No |
Mobile phones having cost freight value (US dollars) Advertisement |
Rate of levy per set in rupees |
|
1. |
Up to 30 |
100 |
|
2. |
Above 30 and up to 100 |
200 |
|
3. |
Above 101 and up to 200 |
600 |
|
4. |
Above 201 and up to 350 |
1800 |
|
5. |
Above 351 and up to 500 |
4000 |
|
6. |
Above 501 and up to 700 |
8000 |
|
7. |
Above 701 and above |
16000 |
RELATED: BUDGET 2022-23: How much income tax will be imposed on salaried class?
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