The new way of valuing passenger and commercial phones was announced at customs

By issuing a new circular, Iranian customs clarified the method of valuing imported mobile phones. Based on this, the exchange rate of the exchange system and the wholesale price will be the basis of the calculations.

In a new circular, the Customs of the Islamic Republic of Iran announced the exact mechanism for calculating the customs value of mobile phones. This action has been taken in order to clarify the import costs and prevent the difference in prices. According to this instruction, two different methods are considered for business and passenger phones, each of which has its own calculation formula.

Calculation formula for commercial and passenger imports

For commercial imports, valuation based on Wholesale price in the country of origin is done But the most important point is for travelers; In the passenger procedure, the valuation of the mobile phone is based on Retail price on reputable reference sites (excluding discounts) will be calculated. Another key point is that the currency parity rate for calculating entry fees is determined based on the selling rate of the gold and currency exchange center at the time of clearance. This means that exchange rate fluctuations in the exchange system will directly affect the registry cost and the final price of the phone.

More transparency, the end of ambiguous pricing?

With the implementation of this circular, it is expected that the ambiguities in tariff determination will be reduced. Customs emphasized that for brands without official representation, international authorities will be used to extract the price. This new law can help to stabilize the customs fees relatively and predictably, although its dependence on the exchange rate of the exchange center will still be a challenge for importers and consumers.