If you have been re-thinking your decision to buy the OnePlus 5 owing to the implementation of Goods and Service Tax (GST) in India, then the company has officially put to rest all the price-related worries. The OnePlus 5 smartphone was launched in India last month, however, the recent rollout of the new tax regime triggered uncertainties about price rise. BGR India reached out to OnePlus, and here’s what the company has to say. Also Read - Amazon Great Republic Day sale: Offers on OnePlus, Realme, Redmi smartphonesAlso Read - OnePlus Nord phone under Rs 20,000? It is going to be reality soon
“The pricing of OnePlus 5 was set after taking GST into consideration so, you will not see any changes in our pricing in near future,” a OnePlus spokesperson told BGR India in an emailed statement. The OnePlus 5 is priced at Rs 32,999 for the 4GB/64GB variant, and Rs 37,999 for the 8GB/128GB variant. As the company says, there will be no change in the final price you pay while purchasing the flagship smartphone. Also Read - OnePlus 10 Pro India launch imminent? Phone spotted on certification site
The OnePlus 5 is the company’s ‘flagship killer’ for 2017, and boasts a 5.5-inch full HD AMOLED display and is powered by Qualcomm’s Snapdragon 835 SoC. Other key highlights include a dual-camera module with a pair of 16-megapixel + 20-megapixel camera, Android 7.1.1 Nougat out-of-the-box, and Bluetooth 5.0. RELATED: OnePlus 5 Review: Feel the power
While OnePlus did not change the pricing of the latest smartphone, Apple reduced the prices of its commodities in India following the new tax regime. The company slashed the prices for iPhone, iPad, Apple Watch and MacBook by up to 7.5 percent in the country, making the premium devices a tad bit more affordable.
As for Indian manufacturers, the government’s decision to impose 10 percent basic customs duty (BCD) on smartphones and accessories is considered a welcome move. The decision is believed to provide a boost to the government’s Make in India initiative. The finance ministry said that the BCD will also be imposed on certain other electronic goods. However, it is currently unclear which all items will be included under the duty.
Meanwhile, the adverse effect of GST implementation is felt by cab aggregators Ola and Uber. Amidst falling incentives, Uber and Ola drivers may have to pay higher taxes on cab leases. Currently, the tax rate is at 14 percent, which is expected to go double up to 29 percent. ALSO READ: GST Impact: Mobile phone production hit; distributors stocking up less due to tax uncertainties