Why is iPhone so expensive in India?
Reason behind Apple iPhone 13 series’ high price 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.
Is iPhone 12 cheaper in Dubai?
The various models of the iPhone 12 PRO and Max are cheaper in Dubai by anything ranging from Rs 25,000 to over Rs 35,000. The differential is even more when prices are compared with those in the US. They range from over Rs 39,000 to Rs 48,000, depending on the model you choose.
Why are iPhones so expensive in India compared to US?
One of the main reasons for this huge difference in prices is due to local tariffs and GST in India. Here’s a price comparison of the new iPhones when bought in the US versus India. Note that the prices are just an estimate considering a high tax of 9.25\%.
Which country has the cheapest iPhone prices in Asia?
Japan and China have the two cheapest average iPhone prices in Asia while developing countries like India, Indonesia and Bangladesh cost more, these differences are due to the different tariffs and taxes from different countries.
Is it cheaper to buy an iPhone or Note 4 in India?
If you want to buy some high end phone like iPhone or Note 4, then you should give it a try. The iPhone is quite cheap in USA as compare to India e.g. if you buy an iPhone in USA, it costs 649 dollars which is around 40,000 with current exchange rate, same iPhone costs 53000 in India. So yes, it is cheaper.
How can Apple reduce the price of iPhone in India?
Manufacturing or assembling products in India can certainly help brands reduce the prices. Since Apple has no such benefit, it has to pay an import duty of 12.5\% on every iPhone it sells in India Apart from central taxes, Apple has to pay 12.5\% Value Added Tax (VAT) to various states on total price of the phone.