Hello Mi Fans, I hope you are doing well. As we all know the Indian government increase the GST Rates on all Mobile Phones in India. Old GST Rate on Mobiles is 12% but now the government increases this rate to 18%. As we know Xiaomi only makes 5% profit on its hardware sales so in this situation they can’t survive with old rates. Here we share Xiaomi Redmi mobile price which is effective from 1st April 2020.
On 1st April 2020 Manu Jain Twitted and inform the users that they are going to increase Prices on all Xiaomi mobiles.
Mi fans, #GST on mobile phones has increased by 50% from 12% to 18%.
After much deliberation & in keeping with #Xiaomi policy of maintaining <5% margin on our hardware products,we will be increasing prices of our products.
Hello Mi Fans, I hope you are doing well. As we all know the Indian government increase the GST Rates on all Mobile Phones in India. Old GST Rate on Mobiles is 12% but now the government increases this rate to 18%. As we know Xiaomi only makes 5% profit on its hardware sales so in this situation they can’t survive with old rates. Here we share Xiaomi Redmi mobile price which is effective from 1st April 2020.
