APPLE I PHONE SHOWS A HIKE IN PRICE AFTER THE HIKE OF IMPORT DUTY

  • 23/09/2020

New Delhi : Apple has increased the price of some of itshigh-end iPhone models in India owing to an increase in customs duty onimported mobile phones and chargers along with social welfare surcharge in theUnion Budget 2020. The government has increased the import duty on PCBA(printed circuit board assembly) from 10 per cent to 20 per cent and chargersfrom 15 per cent to 20 per cent.The price hike on iPhone 11 Pro and iPhone 11Pro Max models along with iPhone 8 will be effective from Monday.The coronavirus impact in China which has put stress onthe production and supply of some Chinese brands has nothing to do with Apple,according to industry sources.

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