why are iphones so expensive in india
So fun to watch this on iPhone 12 Pro. But what makes them expensive in India is the customs duty.
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The US price of the device is around Rs 32000 more than Rs 10000 cheaper than in India.
. For the premium iPhones the price gap between India and other countries is pretty high--around 40 percent. It didnt increase the tax rate on mobile phones but the tax rate on accessories is either 18 or 28. Apple iPhone 13 series has been launched in India and is scheduled to hit store shelves from September 24.
So what makes iPhones so popular and also so expensive in India. Why is the iPhone so expensive in India. Answer by Brian Merchant Writer editor author of The One Device on Quora.
30000 more in India than it does in the US. Pre-booking have already begun. Experts suggest that the higher price in India is a combination of high import duty 18 percent GST other fees and Apples own profit margin.
Most of the fault in this is also of Indian Government. Apple does not have a local manufacturing unit in India. Premium smartphones like iPhone 12 iPhone 13 are not manufactured in India due to which 225 customs duty is implied on them.
But the picture is slightly more complicated. Since 2008 iphones have consistently been sold at lower rates in the US than in India when converted to rupees. Not manufactured in india they are important from USA California or Africa.
30000 more in India than it does in the US. Fortunately for Cupertino the disparity in price in its products in India isnt its fault. In this video we will know why apple product is so expensive in india.
Currency depreciation is another major factor why the iPhone is expensive in India and relatively cheaper in countries like Japan and Dubai. Because Apple does not own any retail store in India which Apple has to partner with a third-party store and those stores take a big commission on Apple products. The most prominent one was the rise in GST from 12 to 18.
Why Are iPhones So Expensive. Due to heavy custom duties GST cgst and many more government imports charge due to which it rapidly increases. The iPhone 13 series imported into India and will attract 225 customs duty.
Thats why people prefer directly to get the Apple products from these countries as it w. Moreover Apple maintains significant profit margins on its iPhones which many industry analysts estimate to be somewhere above 500 percent. Apples new smartphone series would be imported and not Made in India.
Hence iPhones are imported items that come with taxes and customs duty charges. Apple has announced that it will increase the cost of iPhones in India by an additional 3 while also raising the prices of other device parts and accessories. On the iPhone 13 GST will have to pay separately ie Rs 10662.
This does not directly affect the price of the iPhone but a user will consider everything before making a purchase. The price gap between India and other countries is pretty high. For instance in 2020 Indians were paying Rs.
The iPhone 13 costs nearly Rs. Whos to blameApple or India. Reasons Why iPhones are so Expensive in India.
IPhones are expensive relative to many Android phones for a couple of reasonsfirst Apple designs and engineers not. Experts suggest that the higher price in India is a combination of high import duty 18 percent GST other fees and Apples own profit margin. The price hike is the second one.
The massive difference in prices between countries can be credited mainly to the high taxes. Iphones always shipped with complete assembly thats why they have custom duty as soon as they come to India And the custom duty is 20 to 25 which is. Coming why iPhone or Apple products are alot expensive in india.
Due to this customers will have to pay custom tax of Rs 10880 only on Apple iPhone 13 Mini. Lack of Manufacturing Units in. Lets discuss all the reasons which contribute to the high prices of iPhones in India.
Why every apple product like iphone ipad imac etc its very costly other than USPle. Another important element contributing to the iPhones high price in India while being relatively inexpensive in places such as Japan and Dubai is currency devaluation. The reason why Apple products are so expensive in India The main reason for this is Apple is not being able to reach the product directly to the customer.
The biggest reason why iPhones are expensive in India is the tax and duty charges. This had a direct impact on the price of smartphones which for a price-sensitive market like India is not always easy to pass on. Why are iPhones so expensive in India this question is always on everyones lips Mostly people blame Apple for this but the whole fault is not of Apple.
GST was recently introduced in India. Introduction of GST Makes iPhone Costly in India. Not only this but customers also have to pay GST separately.
Why iPhones are so expensive in India compared to other countries. The iPhone 13 costs nearly Rs.
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