The GST system, which came into effect on July 1, has brought cheers to Apple fans, as the company has slashed prices of iPhones, iPads, iMacs,MacBooks, and Mac Pro (& Mini) CPUs.
Just a day after India embraced the historic GST regime, consumers were relieved to see that confusing multiple taxation, including VAT (Value Added Tax), Service Tax and Swachh Bharat cess, among others, are all now clubbed to just two Central GST (CGST) and State (SGST).
With the introduction of GST, some products' prices saw a jump, while some went down and among them some top-branded products, including Apple and Asus, have received generous price cuts.
Apple has reportedly slashed the prices by close to 7.2 percent on its entire products range, including iPhone, iPad, Watch, MacBook (& Pro) and iMac (& Pro) PC series.
The new iPhone 7 series, which made its India debut in October with prices ranging between at Rs. 60,000 and Rs. 92,000, has received a price cut of about Rs. 6,000. The cost of even the older iPhone 6s, iPhone SE series has come down.
Apple iPads ranging from generic 9.7-inch iPad to the top-end iPad Pro (12.5) have become cheaper by around Rs. 3,900.
The PC series MacBook, iMac and the Mac (Pro and the Mini) have received generous price cuts of close to Rs. 11,800 in India.