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HomeGST NEWSXiaomi Mi TV India price slashed after new GST rates come into...

Xiaomi Mi TV India price slashed after new GST rates come into effect, here are the new prices

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The new prices of the Mi TVs are already in effect. The price drop of some of Mi TVs come into effect after the India Government reduced the GST on TVs from 28 per cent to 18 per cent.

HIGHLIGHTS

  • All three Mi TVs are available with new reduced prices with immediate effect starting Dec 1.
  • The Mi TVs will be available across all sales platforms, Xiaomi India has announced.
  • Xiaomi has slashed the prices of these Mi TVs by up to Rs 2,000.

The new prices of the Mi TVs are already in effect. TheΒ price drop of some of Mi TVsΒ come into effect after the India Government reduced the GST on TVs from 28 per cent to 18 per cent. Xiaomi India started the year 2019 by reducing the price of three Mi TVs including — Mi LED Smart TV 4A (32-inch) Mi LED TV 4C PRO (32-inch) and Mi LED TV 4A Pro (49-inch). Overall, Xiaomi has slashed the prices of these Mi TVs by up to Rs 2,000. Following are the new prices:

Mi LED Smart TV 4A 32-inch:Β Now available for Rs 12,499 (The price of the Mi LED Smart TV 4A 32-inch has been reduced by Rs 1500. It was previously priced Rs 13,999)

Mi LED TV 4C PRO 32-inch:Β Now available for Rs 13,999 (The price of the Mi LED TV 4C PRO 32-inch has been reduced by Rs 2000. It was previously priced Rs 15,999)

Mi LED TV 4A PRO 49-inch:Β Now available for Rs 30,999 (The price of the Mi LED TV 4A PRO 49-inch has been reduced by Rs 1000. It was previously priced Rs 31,999)

Availability:Β All three Mi TVs are available with new reduced prices with immediate effect starting Dec 1 across all sales platforms, Xiaomi India has announced.

Announcing the price cut of the Mi TVs Xiaomi India says, “Happy new year! Ringing in 2019 on a positive note, we are delighted to receive the recent decision by the Government of India wherein GST on TVs have been reduced from 28% to 18% on TVs up to 32 inches.” The company also noted, “Additionally, the company noted, “As you are aware, at Xiaomi, we strive to offer innovative products of high quality with best specs to all at a truly honest pricing. Our philosophy ensures that if we make more than 5% profit margin on any hardware products, we give it back to our Mi Fans. In line with our philosophy and the government’s positive decision, we are happy to announce that the following Mi TVs will witness drop in prices.”

It is important to note the price change due to GST reduction is only for the 32-inch TVs. The price of the 49-inch Mi LED TV 4A Pro is due to the recent dollar moderation. The price of the Mi LED TV 4A Pro has gone down by Rs 1,000.

Talking about the price drop of the Mi TVs Raghu Reddy, Head of Categories and Online Sales, Xiaomi India says, “We are thrilled to share this wonderful news with our Mi Fans. Mi TVs have gained massive love and popularity among Mi Fans and customers in India. Redefining smart TV experience, Mi TVs deliver high quality with great specs comprising of the customized PatchWall which integrates the best of content. All of this is available to Mi Fans at a truly honest pricing with consistent, incredible experience across all Mi TV models. This eventually led us to become the number 1 smart TV brand in India with Mi TVs crossing over a million sales mark in merely nine months since their launch this year.”

Source:- https://www.indiatoday.in/technology/news/story/xiaomi-mi-tv-india-price-slashed-after-new-gst-rates-come-into-effect-here-are-the-new-prices-1421582-2019-01-02

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