Apple Reduces iPhone Prices in India: Updated Price List

Apple has reduced prices on its iPhones by 3-4% on its entire portfolio. Customers buying a Pro or Pro Max model will now save anywhere between ₹5100 to ₹6000. The company announced that the prices of iPhones, including 13, 14, and 15, have fallen by ₹300. Similarly, the iPhone SE's price has gone down by ₹2300.

The effective customs duty post cut now comes to 16.5% (15% basic and 1.5% surcharge). On India-made phones, only GST at 18% is levied. Apple imports its iPhone Pro and Pro Max models while its other models are assembled here.

Why Apple Reduces iPhone Prices in India

Finance Minister Nirmala Sitharaman, as part of the Union Budget 2024, reduced the basic customs duty on mobile phones, chargers and some components. The electronic manufacturing industry was demanding a reduction in customs duty. GST on imported smartphones sold in India is 18 per cent, while customs duty is levied at 22 per cent – ​​one-fifth of this amount is basic, and a two per cent surcharge is levied on it. The surcharge, which is calculated at 10 percent of the basic customs duty, will continue.

Updated Price List of iPhones in India

Apple has already updated its website with the new prices of the iphone.

Here is our table comparison of all of the iPhone models listed on Apple's website.

Comparison with Previous Prices

Also Read: HMD Crest & Crest Max India Launch Date Officially Revealed