Kumari Palany & Co

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iPhone mobiles get price cut after GST

Posted on: 04/Jul/2017 5:49:34 PM
Starting from 1st July, the new tax regime, Goods and Services Tax is implemented in India and all mobile phones have got 12 percent GST. This makes the handsets 4 to 5 percent lesser in rate as compared to the rates before GST. This however is not applicable with Apple or other products. With GST, there is a price cut of devices including Apple, iPhone, iPads, iMac, MacBook and others from Cupertino by about 7.5 percent.
 
After GST, the price of iPhone 7 is priced Rs 92,000 after GST, but it has further got reduced by Rs 6000 and sold for Rs 85,400 on its company website. Coming on to iPhone 7 32GB, the price is Rs 72,000 and for iPhone 128 GB, the rate is Rs 82,000. Both these are now priced Rs 67,300 and Rs 76,200 respectively. With this, iPhone 7 of 32GB storage is cut in price by Rs 4,700 and the 128 GB variant is slashed by range Rs 5,800.

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