After GST implementation in India, it has supported the smartphone market for the betterment of digitalization. But as per the finance professionals, the buyer doesn’t have to suffer from Goods and Services rollout from July after its implementation.

While the GST rate on feature phone is 12 percent and 18 percent on smartphone in India, it is majorly proved flat rate for the smartphones across the nation

In order to sell out smartphone before GST implementation, the consumers were benefited with the discount offers in June last.

Before GST rollout, an average discount of 10% was given in order to sell out the previous stock. To support local smartphone firms, the government is giving incentives to restrict a hike of 4-5%.

With the GST introduction, the tax rate is going to be uniform for the industry and prevent bad impact on companies like Lava, Micromax, and others; the government is going to provide incentives to these companies. As GST rollout, Apple was the first to announce a price cut in the country.

List of Smartphones With Price Drop

Samsung Galaxy J7 Max

• Price Before GST:  Rs. 17,700
• Price After GST:  Rs. 16,695

Samsung Galaxy J7 Prime

• Price Before GST:  Rs. 16,900
• Price After GST:  Rs. 14,890

Asus ZenFone 3 Max

• Price Before GST:  Rs. 15.999
• Price After GST:  Rs. 14.999
• Offered Price:  Rs. 8,972

Apple iPhone 7 Plus

• Price Before GST (32 GB):  Rs 72,000
• Price After GST:  Rs 67,300
• Offered Price: Rs. 63,500

Panasonic P88

• Price Before GST:  Rs. 9,290
• Price After GST:  Rs. 8,490
• Offered Price:  Rs. 6,399

iPhone SE (128 GB)

• Price Before GST:  Rs. 17,200
• Price After GST:  Rs. 15,000

iPad Pro

• Price Before GST: Rs. 1 lakhs
• Price After GST:  Rs. 97,000

ASUS Zenfone 3S Max

• Price Before GST: Rs. 14,999
• Price After GST: Rs. 13,999

Panasonic Eluga Pulse X

• Price Before GST: Rs 10,990
• Price After GST: Rs 10,490

The government has initiated this move as smartphone’s weighted tax average costs 12% on the VAT system. But the tax charged was previously levy at 13.5 % on smartphones. With GST implementation, the smartphone sector receives a flat rate cut of 1.5 % which proved to cut down the cost of smartphones. Even though, to stay in the phase, the companies who are not getting the incentives will also start offering discounts of 5-10% from this month in order to attract the smartphone buyers in the country. So, thankfully, it will be favorable move supporting the purchase of buyers.

Applicable GST Rate On Mobile Products and Accessories With HSN Code

S.N.	Product Name	Applicable GST	HSN Code
1.	USB Cable	28%	8504
2.	Leather Phone Case & Back Cover	28%	4202
3.	Power Bank	28%	8504
4.	Batteries	28%	8506
5.	Charger	28%	8504
6.	Tempered Glass	18%	3923
7.	Plastic Screen Protector	18%	3919
8.	Headphones	18%	8518
9.	Speakers	18%	8518
10.	Memory Card	18%	8523
11.	Earphone	18%	8518
12.	Mobile Phones	12%	8517

Scenario of SGST, CGST and IGST on Smartphone

There has been a taxation affair applicable on the smartphones with respect to the various tax partition normally known SGST for state-level tax, CGST for central level tax and IGST as integrated tax level for the dividend tax to both the state and the central government.

The smartphones applicable with 12 percent GST in case one purchase it within the state, he is paying both SGST and CGST in equal proportion. In case one purchases it from outside the state, in that scene, the person ends up paying IGST to the dealer.

GST Rate and HSN Code of Smartphone and Accessories

It must be noted down that almost all the mobile phone related product and accessory have been included in the HSN chapter 85. Given in the table, it has been shown all the relevant mobile phone products and accessories with there respective GST rate and HSN code.

Note: The Prices provided above is based on the online and offline portals and stores. The smartphone prices can vary depending on the state/city and applicable discount offers.