GST on Mobile Phones

Pawankumar0224 Sep, 2024Business

The implementation of Goods and Services Tax (GST) in India has significantly impacted various sectors, including the mobile phone industry. Understanding GST on mobile phones can help consumers and businesses make informed decisions. Goods and Services Tax (GST) is a unified tax structure that simplifies the taxation system in India. For mobile phones, GST is applied to both the sale and the purchase of these devices. As of now, mobile phones are classified under the 18% GST slab, which includes the cost of the device, accessories, and related services.