Home Mobiles New GST Rate: Apple, Xiaomi hike smartphone prices in India

New GST Rate: Apple, Xiaomi hike smartphone prices in India

The GST rates for mobile phones have been increased to 18 percent as against 12 percent earlier.

After the implementation of Modi-led government’s new GST rate for phones, the major smartphone players like Apple, Xiaomi, etc. have hiked the prices across segments. The GST rates for mobile phones have been increased to 18 percent as against 12 percent earlier.

According to 91 Mobiles, the decision of increasing price will not be rolled back as the GST rate hike is permanent. Other than that, the price of handsets can be on the rise due to the COVID-19 outbreak also as the movement of delivering non-essential goods across India and worldwide is restricted.

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As per the revised listing, Apple iPhone 11 Pro Max 64GB will start from Rs 1,17,100 as against Rs 1,11,200 earlier. On the other hand, Apple iPhone 11 Pro 64GB can be taken home for Rs 1,06,000, as compared to Rs 1,01,200 while the iPhone 11 64GB has also witnessed a price hike as it comes for Rs 68,300 as against Rs 64,900. Looking at Apple iPhone XR, the price of this device has been increased to Rs 52,500 as compared to Rs 49,900 earlier. On the other hand, Apple iPhone 7 32GB is now available for Rs 31,500 as against Rs 29,900.

Apple had increased the prices of some of its iPhone models citing the hiked import duty of various products both by way of increase in basic custom duty rate and withdrawal of earlier exemption from customs duty under the Social Welfare Surcharge.

Moving on to the Xiaomi devices, the Chinese smartphone maker has announced that the new pricing will be reflected on Mi.com. While the Redmi Note 9 Pro Max, which is yet to go on sale in India, with 6GB RAM + 64GB ROM will come with a price tag of Rs 16,499 as against Rs. 14,999. On the other hand, the 6GB RAM + 128GB ROM variant will go on sale for Rs 17,999 and the 8GB RAM + 128GB ROM variant will hit the shelves for Rs. 19,999.

As far as the Redmi Note 9 Pro is concerned, let’s check the price:

  • The base variant (4GB RAM + 64GB ROM) comes with the price tag of Rs 13,999 instead of Rs 12,999
  • The top-end variant (6GB RAM + 128GB ROM) comes with the price tag of Rs 16,999 instead of Rs 15,999

Looking at the Redmi K20, the price of Redmi K20 6GB RAM + 64GB storage option is now Rs 21,999 while the high-end 6GB RAM + 128GB storage model will cost you Rs 24,999. Now, Redmi K20 Pro (6GB+64GB model) will cost you Rs 26,999 while the top-end model of the K20 Pro will now cost Rs 29,999.

The prices of Xiaomi Mi A3 and the Redmi Note 8 have been increased by up to Rs 1,000. However, the cost of the Redmi Go, Redmi Note 7 Pro and Mi A3 still remains the same.

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