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Samsung's smartphones in India are priced higher after the GST increase

Last updated: Apr 1st, 2020 at xiv:17 UTC+01:00

Samsung India is adjusting its smartphone prices after the Indian authorities has decided to increase the goods and services tax (GST). Smartphones, as well as feature phones, are included in this category, and they volition exist subjected to an 18% tax starting today, up from 12%.

91mobiles has acquired a list from retail sources, which seemingly reveals Samsung'due south new prices for its unabridged lineup, ranging from its nigh affordable feature phone known as the Eider (E1200) to the Galaxy S20 series and the Milky way Fold. Beginning today, retailers will offer the standard Galaxy S20 for INR 70,500 ($923) instead of the original INR 66,999 ($877) asking price.

Meanwhile, the Milky way S20 Ultra 5G carries an INR 97,900 ($1,282) price tag instead of INR 92,999 ($1,218). The Galaxy Fold'due south price has increased from INR 164,999 ($two,162) to INR 173,835 ($2,277), while the Galaxy Z Flip will cost INR 115,890 ($1,518) equally opposed to of INR 109,999 ($one,441). The Samsung Eider feature phone, along with other devices in this category, volition besides cost more than. The Eider should now exist bachelor for INR one,150 ($fifteen.07), up from INR ane,100 ($14.41)

Samsung is not the only company that's being forced to hike the prices of its smartphones in Bharat after the GST increment. Competitors from China including Oppo and Vivo accept washed the same. Technically speaking, none of these OEMs should be at an advantage or feel whatsoever changes as far as their market rivalry is concerned. As for how much more consumers volition demand to spend per device, you can refer to the lists beneath. Keep in mind that the data doesn't come up direct from Samsung so prices could vary slightly from ane retailer to another.

Source: https://www.sammobile.com/news/samsung-smartphones-india-priced-higher-gst-increase/

Posted by: beahmprothervents.blogspot.com

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