New GST Slabs Implemented: No Price Cut for Smartphones and Laptops

Effective September 22nd, new GST slabs have been introduced, reducing the four previous rates to just two: 5% and 18%, with luxury and sin products taxed at 40%. While many everyday items now benefit from lower taxes, mobile phones, laptops, and electronic gadgets will still be taxed at the previous 18% rate, meaning their prices will stay unchanged.

Experts suggest that the government purposely chose not to lower taxes on these electronics to retain industry stability and prevent production cost increases. Stable tax rates will also help companies manage inventory and plan their pricing strategies better.

Buyers of smartphones and laptops should expect no price changes since GST remains the same for these items. Conversely, taxes on common household and beauty products have been reduced, easing expenses for consumers, who can now spend saved money on electronics.

Major brands like Samsung, Apple, Lenovo, and Dell confirm that the recent GST adjustments won’t impact their pricing. Customers can continue purchasing at current rates and with existing promotions.

Since smartphone and laptop prices remain unaffected, consumers should instead focus on current offers rather than anticipating discounts. Comparing deals and festive promotions across brands can help make well-timed purchases.