Last month,
GST Council increased the taxation rate on mobile phones in india
They hiked 50%, Yes, that’s too much but you should not worry about this because it’s from 12% to 18%

Mobile phones will attract an 18% goods and services tax (GST) rate from April 1, 2020

Xiaomi will hike the price of Mi, Redmi, and Poco phones

MANU JAIN TWEETED

Mi fans, #GST on mobile phones has increased by 50% from 12% to 18%. After much deliberation & in keeping with #Xiaomi policy of maintaining <5% margin on our hardware products,we will be increasing prices of our products. New prices will be effective immediately. Thank you!

gst on mi india effect

Nipun Marya, director of brand strategy at Vivo India, said: “We are still evaluating the impact of the new tax structure and will be taking a decision in the next few weeks.”

Also read; All About OnePlus 8 Price,Specs,free accessories OnePlus 8 Price in India After Discount

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