National Budget - Government to Impose 25 Percent Tax on Mobile Phone

In pre-budget talks people were expecting governmentmobile phone industry.
to reduce tax on mobile phone SIM to reignite theAlready people don't want to buy handset even with
already struggling telecom operators. Telcos alsowarranty due to their high cost as the same one can
urged government to reduce tax as they subsidizedbe found for less. Thousands of mobile phones cross
the amount to provide SIM for less. As a result, newsthrough the border everyday without paying duty to
spread that the government is likely to reduce tax ongovernment. Those illegal handsets are all around the
SIM card from Tk 800 to Tk 500. What a shame, itplace and anyone can have those without any
didn't happen!! More over Mobile phones will be costlierproblem. At the same time, low price Chinese
if Finance minister A M A Muhith's proposal for a 25handsets are also available. If this extra Tax is
percent duty on their value is passed in parliament. Heimposed, I don't think anyone can survive by importing
told this while placing the National Budget of 2009-2010.legal handsets.
"I propose to impose 25% customs duty on mobileThe finance minister also sought to lift VAT on Internet
phone sets on an ad valorem basis instead of existingservices in all educational institutions. "I propose to keep
specific duty of Tk. 300/set applied irrespective ofthis service within the reach of students and also to
quality and waive all existing VAT, supplementary dutysignify our commitment towards Digital Bangladesh," A
and AIT. This would entail higher duty on high pricedM A Muhith said in his budget speech. This can be
sets and lower duty on low priced sets." he said. Thatgreat news for universities, schools & colleges.
means, you have to pay at least 25% more to buyBut government has to make sure that no one takes
new models of mobile phone with high configurationsbenefit of this. Because there is always a chance of
like 3G, mega pixel camera & compatible withISP associated with those institutions, use their name to
other facilities. High profile handsets will be out of reachescape tax.
to common people. This may cause a great blow to