Home
Mobiles
Mobiles News
Xiaomi, Redmi, Poco Phones Get a Price Hike as Increased GST Rate Comes Into Effect

Xiaomi, Redmi, Poco Phones Get a Price Hike as Increased GST Rate Comes Into Effect

No, this is not an April Fool’s joke. Now that the increased GST rate is in effect, the price of Xiaomi's phones has also gone up.

By Nadeem Sarwar | Updated: 1 April 2020 12:25 IST

Xiaomi, Redmi, Poco Phones Get a Price Hike as Increased GST Rate Comes Into Effect

Xiaomi price hike is already reflecting for some phones on Flipkart

Highlights

Xiaomi has hiked the prices of Mi, Redmi phones
The official Xiaomi India website reflects the revised prices
GST Council has raised the GST rate on phones by 50 percent

GST Council had raised the taxation rate on mobile phones in India from 12 to 18 percent last month. The increased GST slab on mobile phones has come into effect today, which means the asking price of phones will go up as well. Xiaomi India MD Manu Kumar Jain took to Twitter to announce that price of the company's phones in India has been increased with immediate effect. It must be noted that the price increment is applicable across the complete portfolio of Mi and Redmi offered by the company in India. Poco, which was a sub-brand of Xiaomi until January this year, has also made similar changes in the country.

Jain's tweet mentions that Xiaomi follows a rule of not making a profit of more than 5 percent from its hardware products, but the surge in GST rate left the company with no other choice but to hike the price of its phones in India. Poco and Xiaomi both have confirmed to Gadgets 360 the revised prices.

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.

New prices will be effective immediately. Thank you! ???? pic.twitter.com/mdTqKdXm3r
— Manu Kumar Jain (@manukumarjain) March 31, 2020

The Poco X2, whose 6GB + 128GB model earlier used to cost Rs. 16,999, is now listed at Rs. 17,999. The Poco X2's 6GB + 64GB variant now costs Rs. 16,999, while the 8GB + 256GB variant will set buyers back by Rs. 20,999 in India.

Amongst the Redmi phones that have got the revised prices including the Redmi K20 and Redmi K20 Pro. The price of Redmi K20's 6GB + 64GB version has been increased by Rs. 2,000, while the Redmi K20 Pro's asking price has also gone up by the same margin for its 6GB + 128GB variant. You can refer to the table available below to see the changes in the prices.

Smartphone Model	Old Price (Rs.)	New Price (Rs.)
Redmi K20 Pro 6GB/128GB	24,999	26,999
Redmi K20 Pro 8GB/256GB	27,999	29,999
Redmi K20 6GB/64GB	19,999	21,999
Redmi K20 6GB/128GB	22,999	24,999
Redmi Note 9 Pro 4GB/64GB	12,999	13,999
Redmi Note 9 Pro 6GB/128GB	15,999	16,999
Redmi Note 9 Pro Max 6GB/64GB	14,999	16,499
Redmi Note 9 Pro Max 6GB/128GB	16,999	17,999
Redmi Note 9 Pro Max 8GB/128GB	18,999	19,999
Redmi Note 8 Pro 6GB/64GB	13,999	15,999
Redmi Note 8 Pro 6GB/128GB	15,999	16,999
Redmi Note 8 Pro 8GB/128GB	17,999	18,999
Redmi Note 8 4GB/64GB	10,499	10,999
Redmi Note 8 6GB/128GB	12,999	13,999
Poco X2 6GB/64GB	15,999	16,999
Poco X2 6GB/128GB	16,999	17,999
Poco X2 8GB/256GB	19,999	20,999

Similar to Xiaomi and Poco, other smartphone makers including Apple, Oppo, HMD Global, and Realme have also revealed revised pricing structure for their offerings in the country.

Xiaomi Redmi K20 Pro

REVIEW
KEY SPECS
NEWS
Variants

Design
Display
Software
Performance
Battery Life
Camera
Value for Money

Good
Excellent performance
Very good battery life
Versatile cameras
Great value for money

Bad
4K video quality could be better
Slow front camera pop-up mechanism

Read detailed Xiaomi Redmi K20 Pro review

Display 6.39-inch

Processor Qualcomm Snapdragon 855

Front Camera 20-megapixel

Rear Camera 48-megapixel + 13-megapixel + 8-megapixel

RAM 8GB

Storage 256GB

Battery Capacity 4000mAh

OS Android 9

Resolution 1080x2340 pixels

More Xiaomi mobiles Xiaomi mobiles price in India

Choose a variant

Poco X2

REVIEW
KEY SPECS
NEWS
Variants

Design
Display
Software
Performance
Battery Life
Camera
Value for Money

Good
Strong specifications at attractive prices
Good overall performance and battery life
Still photos in the daytime look very good

Bad
Large and bulky
Ads and bloatware in the UI
Poor low-light video quality

Read detailed Poco X2 review

Display 6.67-inch

Processor Qualcomm Snapdragon 730G

Front Camera 20-megapixel + 2-megapixel

Rear Camera 64-megapixel + 2-megapixel + 8-megapixel + 2-megapixel

RAM 6GB

Storage 64GB

Battery Capacity 4500mAh

OS Android 10

Resolution 1080x2400 pixels

More Poco mobiles Poco mobiles price in India

Choose a variant

Comments

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.