The Centre increased GST on mobile phones from 12% to 18% in April 2020, which led to an increase of 5-10% in the prices of some smartphones....
“ GST increase for phones from 12% to 18% will crumble the industry," Manu Jain, managing director, Xiaomi India, tweeted at the time. Demand has been “ stymied" with the GST hike, ICEA chairman Pankaj Mohindroo said....
In the GST era, the tax on a thousand-rupee smartphone has increased from?...
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2021-11-17 00:00:00.0