Apple Hikes iPhone Prices Post Increase In GST Rates: All You Need To Know

After the raise in the prices the iPhone 11 Pro Max 64GB will start from Rs 1,17,100 up from Rs 1,11,200. Similarly, the iPhone 11 Pro 64GB will be priced at Rs 1,06,000, up from Rs 1,01,200.

Image: AFP

New Delhi: The Goods and also Services Tax (GST) Council last month introduced a hike on smartphone tax obligations and as a result of this step, smartphones are going to become extra expensive in the nation. After the announcement of this hike smartphone brands like Apple, Xiaomi, Samsung, Poco and also Realme have taken this step right into consideration, They are now coming up with the brand-new prices of their devices. Also, this rate walks are not just for brand-new gadgets as they consist of some old versions too. Consequently Apple, the premium smartphone maker has increased prices of its devices in India. After the raise in the prices the iPhone 11 Pro Max 64GB will start from Rs 1,17,100 up from Rs 1,11,200. Similarly, the iPhone 11 Pro 64GB will be priced at Rs 1,06,000, up from Rs 1,01,200. The iPhone 11 64GB also became more expensive at Rs 68,300, up from Rs 64,900. The revised prices in on account of the hike in GST rates for mobile phones from 12 percent to 18 percent. This is not the first time Apple has hiked prices, it has increased the rate of iPhones in India two times in 2 months, initially as a result of enhance in personalized obligation and later due to the rise in the GST. The older versions of iPhones including the iPhone XR saw price hiked to Rs 52,500, up from Rs 49,900. Similarly, the iPhone 7 32GB now starts from Rs 31,500, up from Rs 29,900.

With the GST Council, headed by Finance Minister Nirmala Sitharaman, increasing the GST on mobile phones from 12 percent to 18 percent, industry experts had indicated that it would hit the industry and brands would not be in a position to absorb this impact.