Mobile phones to cost more as GST hiked to 18% from 12% earlier. Mobile phones will attract an 18% goods and services tax (GST) rate from April 1, 2020, up from existing 12%, ordered by the GST Council. This also means recently launched Redmi 6 and Redmi 6 Pro prices to go up (price hike) and Xiaomi Redmi Note 9 pro max prices to increase including Redmi Note 9 pro price hike.
Mobile phones and specified parts to attract 18% versus 12%. Manu Kumar Jain from Xioami said :
Mobile phone industry will ‘crumble’ due to increased GST
#AllMobile #PriceHIKE #1stApril2020
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