New Delhi: Apple has managed to keep the price of the iPhone 13 series the same as last year and the price of the iPhone 13 starts at Rs 79,900. In comparison, however, the iPhone 13 costs $699 (roughly Rs. 51,310) in the United States. The difference in price caused an uproar on social media.
The reason for this price difference is the Indian consumers paying a hefty amount of tax on the newly launched smartphone. For example, the iPhone 13 models will be imported into India, which means Indians will have to pay a 22.5% customs duty on the smartphone.
Indian customers will have to pay around Rs 10,880 as custom tax on iPhone 13 mini purchase. Apart from this, customers will have to pay GST on the purchase of iPhone 13. The GST on iPhone 13 at current rates is around Rs 10,662.
On the other hand, pricing in the United States does not include state taxes which vary from state to state. For example, the tax rate in New York City is 9% while in Florida it is just 7%.
Meanwhile, Apple is expanding its assembly line in India. The tech giant started manufacturing the iPhone 12 in India last year, and it may soon start manufacturing the iPhone 13 range in India.
Here’s how much tax customers will have to pay on the iPhone 13 series range:
Total tax on iPhone 13 mini: Rs 21,543
Total tax on iPhone 13: Rs 24,625
Total Tax on iPhone 13 Pro: 36,952
Total tax on iPhone 13 Pro Max: Rs 40,034
The tax on the iPhone 13 remains the biggest reason for the price difference. However, other factors such as forex and commission also drive the price up. For example, companies like Apple also have to keep a buffer for currency volatility and volatility, as Business Today reports, when calculating local pricing prior to launch. Read also: TVS Raider 125cc bike with sporty design launched in India: Price, Features, Specs & Images
The only relief for the consumers could be the cashback offer. However, this year’s offers are yet to be announced. The sale of iPhone 13 series will start in India from September 24. Read also: Proud day for Indian investors! India’s stock market becomes world’s sixth largest
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