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Wednesday, June 03, 2020

New GST rates come into effect: These are the new smartphone prices, even though you can’t buy them

Smartphone prices have gone by up to 6 per cent as a result of the hike in GST of smartphones and certain components from 12 to 18 per cent.

By: Tech Desk | New Delhi | Updated: April 1, 2020 7:36:11 pm
smartphone prices up in India, GST on smartphones in India, GST 18%, Apple iPhone prices increased, Redmi phone prices, galaxy smartphones prices in India GST increase on mobile phones: Major companies including Apple, Samsung and Xiaomi have increased smartphone prices in India.

In the midst of national coronavirus lockdown, smartphone prices have gone by up to 6 per cent as a result of the hike in GST of smartphones and certain components from 12 to 18 per cent. All major mobile phone players have raises prices of smartphones, including Apple, Samsung, Xiaomi and Oppo, among others.

The price of Apple’s iPhones has increased by 5.2 per cent. For example, the iPhone 11 Pro now starts at Rs 1,06,600 (up from Rs 1,01,200), whereas the base model of the iPhone 11 cost Rs 68,300 (up from Rs 64,900). Meanwhile, the iPhone XR now starts at Rs 52,500 (up from Rs 49,900). Notably, the iPhone XR is Apple’s highest-selling iPhone model in India.

Similarly, Samsung has also increased the prices of its Galaxy smartphones in the country. The Galaxy S20 Ultra now costs Rs 97,900, up from Rs 92,999. The 8GB RAM variants of Galaxy Note 10 Lite and Galaxy S10 Lite are now priced Rs 43,100 and Rs 42,142, respectively. The price of Galaxy M31 has also gone up by Rs 1856.

smartphone prices up in India, GST on smartphones in India, GST 18%, Apple iPhone prices increased, Redmi phone prices, galaxy smartphones prices in India The price of Apple’s iPhones has increased by 5.2 per cent. (Screenshot: Apple India website)

Xiaomi, India’s largest smartphone maker by volume, has also raised mobile phone prices in India. In a press note, Xiaomi said the company had no choice but to pass on the additional costs onto consumers. Manu Kumar Jain, managing director of Xiaomi India, had earlier opposed the move by the government and had said that the GST hike will badly impact the mobile industry in India.

The prices for Xiaomi’s latest Redmi Note 9 Pro Max now stand at Rs 16,499 for the base variant of 6GB RAM+64GB storage, (earlier Rs 14,999) Rs 17,999 for the 6GB RAM + 128GB version (earlier Rs 16,999) and Rs 19,999 for the 8GB RAM and 128GB version ( earlier it was Rs 18,999). The Redmi Note 9 Pro Max is yet to go on sale.

The Redmi Note 9 Pro now starts at Rs 13,999 for the 4GB RAM+ 64GB version, (earlier Rs 12,999), while the 6GB RAM+ 128 GB version will cost Rs 16,999 (earlier Rs 15,999). The Redmi Note 8 Pro now starts at Rs 15,999 for the base 6GB RAM+64GB version, Rs 16,999 for the 6GB RAM+128GB version and Rs 18,999 for the 8GB RAM+128GB version.

Redmi 8A Dual camera variant now costs Rs 6,999 for the 2GB RAM+ 32GB version, compared to the earlier price of Rs 6,499. The 3GB RAM+ 32GB version will cost Rs 7,999 compared to the earlier price of Rs 6,999.

Redmi K20 Pro will now cost Rs 26,999 for the base 6GB RAM+128GB version compared to the earlier price of Rs 24,999. The 8GB RAM and 256GB version will cost Rs 29,999. The Redmi K20 will cost Rs 21,999 for the 6GB RAM + 128GB version and Rs 24,999 for the 8GB RAM and 128GB version.

Redmi Note 8 now starts at Rs 10,999 for the base 4GB + 64GB, compared to the earlier price of Rs 9,999. The higher 6GB RAM option costs Rs 13,999 now, according to the Xiaomi India website.

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India Cellular & Electronics Association (ICEA), India’s industry body representing the electronics sector, had also demanded an urgent rollback of the increased GST on mobile phones. The ICEA had said the mobile phone industry is under stress because of disruption in the supply chain due to Covid-19 and the increase in GST would “devastate” the sector. ICEA has Apple, Foxconn, Vivo and Oppo among its members.

Sales of smartphones and other electronics products have been banned after the central government ordered a nationwide lockdown for 21 days, limiting the movement of people in a country of 1.3 billion.

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