GST effect – Xiaomi, Samsung, Apple hike phone prices in India

Antonio Villas-Boas/Business Insider
  • The GST Council hiked Goods and Services Tax on smartphones from 12% to 18%.
  • Smartphone makers have now announced the revised prices for their smartphones.
The GST Council announced a sharp increase in GST on smartphones on March 14, and has come into effect today. The GST on smartphones and specified parts went up by 50% from the prior 12% to 18%.

As expected, smartphone makers started announcing revised prices for their devices taking in consideration the increase in GST. Xiaomi, Samsung, Apple, Poco, Realme are some of the brands that have hiked prices.

Xiaomi revised prices

Xiaomi India Manu Kumar Jain posted on Twitter that the company is increasing the prices of its smartphones and it will be reflected on its website soon. Flipkart already started showing revised prices for some smartphones.
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SmartphoneOld priceNew priceIncrease
Xiaomi Mi A3 4GB + 64GB₹11,999₹12,999₹1,000
Xiaomi Mi A3 6GB + 128GB₹13,999₹14,999₹1,000
Xiaomi Redmi K20 6GB + 64GB₹19,999₹21,999₹2,000
Xiaomi Redmi K20 6GB + 128GB₹22,999₹24,299₹1,300
Xiaomi Redmi K20 Pro 6GB + 128GB₹24,999₹26,999₹2,000
Xiaomi Redmi K20 Pro 8GB + 256GB₹27,999₹29,999₹2,000

Samsung revised prices

Samsung has also revised the prices of some of its devices. Here are some of the company’s top devices with their revised prices.

SmartphoneOld priceNew PriceIncrease
Samsung Galaxy Fold₹1,09,999₹1,15,890₹5,891
Samsung Galaxy S20 Ultra₹92,999₹97,900₹4,901
Samsung Galaxy S20+₹73,999₹77,900₹3,901
Samsung Galaxy S20₹66,999₹70,500₹3,501
Samsung Galaxy A80₹39,990₹41,999₹2,009
Samsung Galaxy A51 6GB + 128GB₹23,999₹25,250₹1,251
Samsung Galaxy A70s 8GB + 128GB₹28,999₹30,500₹1,501
Samsung Galaxy M31 6GB + 64GB₹15,999₹16,856₹857
Samsung Galaxy M31 6GB + 128GB₹15,999₹17,910₹1,911
Samsung Galaxy M21 4GB + 64GB₹13,499₹14,222₹723
Samsung Galaxy M21 6GB + 128GB₹15,499₹16,856₹1,357

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Apple

Apple too revised the prices of its entire range in India. The company has increased the prices by up to ₹7,600 in the country.

SmartphoneOld priceNew priceIncrease
iPhone 8 64GB₹40,500₹42,600₹2,100
iPhone 8 128GB₹45,500₹47,900₹2,400
iPhone 8 Plus 64GB₹50,600₹53,300₹2,700
iPhone 8 Plus 128GB₹55,600₹58,500₹2,900
iPhone XR 64GB₹49,900₹52,500₹2,600
iPhone XR 128GB₹54,900₹57,800₹2,900
iPhone XS 64GB₹89,900.00₹94,700₹4,800
iPhone XS 256GB₹1,03,900₹1,09,400₹5,500
iPhone 11 64GB₹64,900₹68,300₹3,400
iPhone 11 128GB₹69,900₹73,600₹3,700
iPhone 11 256GB₹79,900₹84,100₹4,200
iPhone 11 Pro 64GB₹1,01,200106600₹5,400
iPhone 11 Pro 256GB₹1,15,200₹1,21,300₹6,100
iPhone 11 Pro 512GB₹1,33,200₹1,40,300₹7,100
iPhone 11 Pro Max 64GB₹1,11,200₹1,17,100₹5,900
iPhone 11 Pro Max 256GB₹1,25,200₹1,31,900₹6,700
iPhone 11 Pro Max 512GB₹1,43,200₹1,50,800₹7,600

Poco

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Poco increased the prices of all three variants of the Poco X2 by ₹1,000.

SmartphoneOld priceNew priceIncrease
Poco X2 6GB + 64GB₹15,999₹16,999₹1,000
Poco X2 6GB + 128GB₹16,999₹17,999₹1,000
Poco X2 8GB + 256GB₹19,999₹20,999₹1,000

Realme

Chinese smartphone maker Realme has also revised its prices. The company has increased its prices by up to ₹2,000

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SmartphoneOld priceNew priceIncrease
Realme XT₹15,999₹16,999₹1,000
Realme 6 Pro₹16,999₹17,999₹1,000
Realme X₹16,999₹17,999₹1,000
Realme X2₹16,999₹17,999₹1,000
Realme X Master Edition₹19,999₹20,999₹1,000
Realme X2 Pro₹27,999₹29,999₹2,000
Realme X2 Pro Master Edition₹34,999₹36,999₹2,000

Oppo

Oppo has increased the prices of all its devices. Here are the major devices whose prices have been revised.

SmartphoneOld priceNew PriceIncrease
Oppo A9 2020 8GB₹17,490₹18,490₹1,000
Oppo F15 8GB₹19,990₹21,990₹2,000
Oppo Reno 2F₹21,990₹23,490₹1,500
Oppo Reno 2Z₹25,990₹27,490₹1,500
Oppo Reno 3₹29,990₹31,990₹2,000
Oppo Reno 2₹36,990₹38,990₹2,000

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See also:

Increased GST on mobile phones will lead to job losses says industry body

GST hike on mobile phones will be detrimental for local manufacturing: ICEA

Govt. to increase GST on mobile phones by 6% from April 1
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