|
Title: iPhone prices in India increased by at least 5% due to tax hike Post by: HCK on April 01, 2020, 04:05:23 pm iPhone prices in India increased by at least 5% due to tax hike
The Goods and Services Tax in India went up from 12% to 18% today. What you need to know India's Goods and Services Tax has risen from 12% to 18%. As a result, iPhone prices in the country are going up by at least 5%. The most expensive iPhone in India is now nearly $2000. The price of iPhones in India has risen by at least 5% on every model following a 50% hike in India's Goods and Services Tax. As reported by Beebom: Apple has increased the prices of most of its iPhone models in India today because of the 12% to 18% GST rate hike that went into effect today. Apple has increased the retail prices for the latest iPhone 11 series, along with iPhone XS, iPhone XR, iPhone 8 and iPhone 7 series in India. The latter (iPhone 7) now starts at Rs. 31,500 as opposed to Rs. 29,900 for the 32GB base variant. The exorbitant price tag for the top-of-the-line iPhone 11 Pro Max variant (512GB) now crosses the 1.5 lakh threshold with this price hike. A full table of price changes s... Source: iPhone prices in India increased by at least 5% due to tax hike (http://feedproxy.google.com/~r/TheIphoneBlog/~3/dHhZ1hgIuVM/iphone-prices-india-increased-least-5-due-tax-hike) |