Tue | Jun 22, 2021

No customs duties on phablets

Published:Friday | April 18, 2014 | 9:07 AM

The Government has taken a decision to remove customs duties from phablets, which are considered to be a cross between a telephone and a tablet.

Finance Minister, Dr Peter Phillips says tablets are classified in a similar manner to laptops and do not attract any customs duties.

However, he says a 20 per cent duty was being charged on phablets because they were being classified as phones.

However, Dr Phillips says with the rapid changes in technology, it was felt that the classification was prejudicial as many of the tablets had similar characteristic to phablets.

He says it was therefore felt that in order to ensure equity, the classification should be the same.

In addition, Dr Phillips says it is expected that this change will provide greater access and widen the use of technology products for learning and productivity.

The measure will come into effect on May 1.

WATCH: Phillips announces $6.7 billion tax measures

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