iPhone prices in India increased by at least 5% due to tax hikeThe 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...
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iPhone prices in India increased by at least 5% due to tax hike
