Buying an iPhone became cheaper, Apple reduced the price, know the new price – apple iphone price slashed budget 2024 effect nirmala sitharaman cut import duty – 2024-07-27 15:01:59

by times news cr

2024-07-27 15:01:59
Apple has given good news to those who dream of buying an iPhone. Apple has reduced the price of iPhone in India by about 3 to 4 percent. After the government’s reduction in import duty, Apple has given the users the gift of buying a cheaper iPhone. Due to this effect, customers will directly save from Rs 5,100 to Rs 6,000.

The government reduced the import duty

This is the first time that Apple has reduced the price of the Pro model. Let us tell you that after the launch of the new generation smartphone by Apple, the iPhone Pro model is discontinued. This is the first time that Apple has changed its prices after reducing the import duty. As you know, the central government has reduced the custom duty on mobile phones to 15 percent, which was 20 percent earlier. Along with this, the import duty on the printed circle board used in mobile phones and chargers has been reduced.

Which smartphones have reduced prices

The smartphones whose prices have been reduced in India include the iPhone Pro and Pro Max models. The prices of these two smartphones have been reduced the most. As you will know, the iPhone Pro model is not made in India. It is imported directly from abroad. Along with this, the prices of Made in India iPhones like the iPhone 13, 14 and 15 series smartphones have been reduced, but it is less than the Pro model. Apart from this, the price of iPhone SE has been reduced by Rs 2,300.

How much tax will be levied now

Before the government reduced the import duty, a total tax of 22 percent was levied on the import of smartphones. This included 20 percent basic custom duty and 2 percent surcharge. Let us tell you that the government charges 10 percent of the basic custom duty, which will continue to be levied as before. In such a situation, now instead of the earlier 22 percent, a total tax of 16.5 percent will have to be paid. 18 percent GST is levied on Made in India devices.

Assembly of Pro model will start in India

Currently, 99 percent of the smartphones sold in India are made locally, while some premium smartphones are imported in bulk. Apple may start assembling the Pro and Pro Max iPhone models in India in collaboration with Foxconn by the end of this year. Let us tell you that the share of the Pro model in the total iPhone sales is 10-12 percent, but it has the most impact on the revenue.

new price of iphone 15

  • 128GB – Rs 79,600
  • 256GB – Rs 89,600
  • 512 GB – Rs 1,09,600

new price of iphone 15 plus

  • 128GB – Rs 89,600
  • 256GB – Rs 99,600
  • 512 GB – Rs 1,19,600

New price of iPhone 15 Pro

  • 128 GB – Rs 1,29,800
  • 256 GB – Rs 1,39,800
  • 512 GB – Rs 1,59,700
  • 1TB – Rs.1,79,400 New price of iPhone 15 Pro Max​
  • 256 GB – Rs 1,54,000
  • 512 GB – Rs 1,73,900
  • 1TB – Rs.1,93,500

iphone 14 new price

  • 128GB – Rs 69,600
  • 256GB – Rs 79,600
  • 512 GB – Rs 99,600

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