Apple iPhone 13 series costs more in India, as compared to many other countries, including US. Let us know reasons behind the high cost of these smartphones and how much tax would be levied on them.
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Apple has recently launched its new iPhone 13 series, with a starting price of Rs. 69,900. We have already discussed how they cost more in India than in the US. While the iPhone 13 costs Rs. 51,310 in the US, you will have to pay Rs. 79,900 for the same model in India.
Now the question is that how is there such a massive price difference between India and the US. So let’s know more about it.
Reason behind Apple iPhone 13 series’ high price in India
Premium smartphones like iPhone 12, iPhone 13 are not manufactured in India. These smartphones are mainly imported into the country, which, by default, implies a 22.5% custom duty on the them.
In India, customers will have to pay around Rs. 10,880 just as customs tax on purchasing an Apple iPhone 13 Mini.
Not only that, customers will also have to pay GST in addition to the customs. Currently Apple iPhone 13 attracts a GST of about Rs. 10,662. On the other hand, people buying this smartphone in the US just have to pay the respective state tax.
Know how much would each smartphone in the series be taxed?
Thus, if you are planning to buy the Apple iPhone 13 Pro Max, you need to know that you would need to pay a total of Rs. 40,034 as tax. You would have to pay a total of Rs. 21,543 as taxes when you purchase the Apple iPhone 13 Mini.
If you purchase an Apple iPhone 13, you will have to pay Rs. 24,625 as taxes. Apple iPhone 13 Pro will attract a tax of Rs. 36,952.
Smartphone to go on store shelves on September 24
The massive difference in prices between countries can be credited mainly to the high taxes. Apple’s new smartphone series would be imported and not Made in India.
Apple iPhone 13 series has been launched in India and is scheduled to hit store shelves from September 24. Pre-booking have already begun.
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