Smartphone Prices Hiked in India After New GST Rates

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As many of you already know that the Finance Minister, Nirmala Sitharaman announced that the smartphones will fall under(From April 1) the 18% GST slab which was earlier 12%. The smartphone sales are already on hold due to the 21 days lockdown period as a protective step against the COVID-19 pandemic. The decision of increasing the GST rates on smartphones was criticized by companies and users alike and the companies also requested the Finance Ministry to rethink their decision. But all the requests were rejected and the prices hiked for Smartphones and its components.

Why Smartphone Prices Hiked in India?

Until now, the smartphone manufacturers have been paying 18% GST to buy parts. However, they were not supposed to charge more than 12% GST from the consumers. Now, with the revised rates companies can charge 18% on the finished goods resulting in the leveling of the tax being paid by the consumer and the manufacturer.

Smartphone Prices Hiked

Hiked Smartphone Prices

The smartphone prices hiked in India and the new rates are already in effect. Here is the list of some smartphones and their new price.

New iPhone Prices

ModelOld Price(INR)New Price(INR)
iPhone 7 32GB29,90031,500
iPhone 7 128GB34.90036,700
iPhone 7 Plus 32GB37,90039,900
iPhone 7 Plus 128GB42,90045,100
iPhone 8 64GB40,50042,600
iPhone 8 128GB45,50047,900
iPhone 8 Plus 64GB50,60053,300
iPhone 8 Plus 128GB55,60058,500
iPhone XR 64GB49,90052,500
iPhone XR 128GB54,90057,800
iPhone XS 64GB89,90094,700
iPhone XS 128GB1,03,9001,09,400
iPhone 11 64GB64,90068,300
iPhone 11 128GB69,90073,600
iPhone 11 256GB79,90084,100
iPhone 11 Pro 64GB1,01,2001,06,600
iPhone 11 Pro 256GB1,15,2001,21,300
iPhone 11 Pro 512GB1,33,2001,40,300
iPhone 11 Pro Max 64GB1,11,2001,17,100
iPhone 11 Pro Max 256GB1,25,2001,31,900
iPhone 11 Pro Max 512GB1,43,2001,50.800

New Realme Smartphone Prices

ModelOld Price(INR)New Price(INR)
Realme 6 Pro16,99917,999
Realme 612,99913,999
Realme X2 Pro Master Edition34,99936,999
Realme C36,9997,499
Realme 5i8,9999,999
Realme X216,99917,999
Realme X2 Pro27,99929,999
Realme 5s9,99910,999
Realme 5 Pro12,99913,999
Realme XT15,99916,999
Realme X16,99917,999

New Oppo Smartphone Prices

ModelOld Price(INR)New Price(INR)
Oppo Reno 3 Pro29,99031,990
Oppo Reno 236,99038,990
Oppo Reno 2Z25,99027,490
Oppo Reno 2F21,99023,490
A9 202014,99015,990

 

New Vivo Smartphone Prices

ModelOld Price(INR)New Price(INR)
Vivo S115,99017,990
Vivo S1 Pro18,99020,990
Vivo U108,9909,990
Vivo U2010,99011,990
Vivo Z1 Pro12,99013,990
Vivo V1722,99024,990

New Samsung Smartphone Prices

ModelOld Price(INR)New Price(INR)
Galaxy S2066,99970,500
Galaxy S20 Pus73,99979,900
Galaxy Z Flip1,09,9991,15,890
Galaxy Note 10 (8GB+256GB)69,99973,600
Galaxy Note 10 Plus(12GB+ 256GB)79,99984,200
Galaxy Note 10 Lite (6GB+128GB)38,99941,000
Galaxy S10 Lite (8GB+128GB)39,99942,142
Galaxy A7129,99931,500
Galaxy A5123,99925,250
Galaxy M3115,99916,856
Galaxy M30s13,99914,749
Galaxy M2113,49914,222

These are the updated pricing list of various smartphones. A Smartphone is a really essential commodity in modern lives so even with the price increase, it’s only the loss of consumers as they will have to pay more for a necessary commodity like smartphones.


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tango
tango
Humanities Student from a small city, really interested in tech and computers. Here at Techlatest I do tech blogging and always ready to learn something new.

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