Xiaomi Hikes Phone Prices Due To increase in GST rate

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Xiaomi executives have been requesting GST rate-hike rollback ever since last GST council meeting concluded. After an unanswered rollback request, Xiaomi has decided to pass on the price hike to its customers. The revised prices of Xiaomi smartphones will be applicable from midnight April 1st 2020.

In the recent GST council meeting, a decision was made to increase GST on smartphones by 50 percent. Starting April 1, 2020, GST on mobile phones will be charged 18 percent instead of 12 percent which was applicable in FY2019-20. Xiaomi is attributing this GST hike as the main reason for driving its smartphone retail prices upwards.

Xiaomi says the new prices of the phones will reflect on Mi official website soon. As of now, the prices of Redmi and Mi phones are yet to be updated on Xiaomi’s website.

Xiaomi Global VP Manu Kumar Jain in his tweet revealed that the company is still persisting with maintaining less than 5-percent profit margin policy. With a double whammy of GST hike and the depreciating value of Indian Rupee against the US dollar, the company had no other choice but to increase the prices of its smartphones.

Xiaomi has updated its E-commerce website with the new prices of both Redmi and Mi series phones. Here’s the complete list of new price list of Redmi and Mi phones.

Xiaomi Phone Updated Price List After GST Hike

ModelOld priceNew price
Redmi Note 9 Pro Max (6GB + 64GB)Rs 14,999Rs 16,499
Redmi Note 9 Pro Max (6GB + 128GB)Rs 16,999Rs 17,999
Redmi Note 9 Pro Max (8GB + 128GB)Rs 18,999Rs 19,999
Redmi Note 9 Pro (4GB + 64GB)Rs 12,999Rs 13,999
Redmi Note 9 Pro (6GB + 128GBRs 15,999Rs 16,999
Redmi K20 (6GB + 64GB)Rs 19,999Rs 21,999
Redmi K20 (6GB + 128GB)Rs 22,999Rs 24,999
Redmi K20 Pro (6GB + 128GB)Rs 24,999Rs 26,999
Redmi K20 Pro (8GB + 256GB)Rs 27,999Rs 29,999
Mi A3 (4GB + 64GB)Rs 11,999Rs 12,999
Mi A3 (6GB + 128GB)Rs 14,999Rs 14,999
Redmi Note 8 Pro (6GB + 64GB)Rs 14,999Rs 15,999
Redmi Note 8 Pro (6GB + 128GB)Rs 15,999Rs 16,999
Redmi Note 8 Pro (8GB + 128GB)Rs 17,999Rs 18,999
Redmi Note 8 (4GB + 64GB)Rs 10,499Rs 10,999
Redmi Note 8 (6GB + 128GB)Rs 12,999Rs 13,999
Redmi Note 7 Pro (4GB + 64GB)Rs 10,999Rs 10,999
Redmi Note 7 Pro (6GB + 64GB)Rs12,999Rs 12,999
Redmi Note 7 Pro (6GB + 128GB)Rs 13,999Rs 13,999
Redmi 8 (4GB + 64GB)Rs 7,999Rs 8,999
Redmi 8A Dual (2GB + 32GB)Rs 6,499Rs 6,999
Redmi 8A Dual (3GB + 32GB)Rs 6,999Rs 7,999
Redmi 8A (2GB + 32GB)Rs 6,499Rs 6,999
Redmi 7A (2GB + 16GB)Rs 5,999Rs 6,499
Redmi 7A (2GB + 32GB)Rs 6,199Rs 6,699
Redmi Go (1GB + 16GB)Rs 4,499Rs 4,999

ALSO READ: Vivo S6 5G with Exynos 980 SoC Goes Official

Xiaomi spin-off brand has also hiked the price of its recently launched Poco X2 phone. Post GST hike, POCO X2 price in India has been increased by Rs 1,000. Here’s the updated price list of Poco phones.

Poco Phones Price list (Updated)

ModelOld PriceNew Price
POCO X2 6GB + 64GBRs 15,999Rs 16,999
POCO X2 6GB + 128GBRs 16,999Rs 17,999
POCO X2 8GB + 256GBRs 19,999Rs 20,999

It remains to see how Mi and Poco fans react to these revised prices. Apart from Xiaomi, brands like OPPO, and Vivo have also hiked prices of their smartphones.

Deepak RajawatDeepak Rajawat
Experienced technology journalist with over 7-years of experience. Before embracing online journalism, he has worked with several legacy publications including print editions at Hindustan Times and The Statesman. He also has a keen interest in Sports, which he used to cover with equal enthusiasm in his early career.

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