If anyone is interested. Was trying to figure out why TVs are so expensive in India.. Why we don't have models like H8G in good price.. You can buy 50in H8G for 429$ (30k, which is what the common chep 50in TV would be last month)
First theres 28% GST on sizes greater than 32in. So that maybe 20% more, don't know how much US takes tax? Moreover India govt takes 20% on Fully assembled TV imported into India 'to encourage Make in India'. So that's why the higher end models are so costly. There's also a 5% tax on panel imported by itself 'to enhance Make in India', so even India made ones should be costlier. So the pricier ones would be around 40% or so pricier at least.. 'Made in India' ones would also be around 25% costlier, which would come close to price of TVs in last month, and price of the Samsung TUE60 which seems to be made in India. Anyway LED season prices seemed to have increased by 20% too https://www.moneycontrol.com/news/b...s-could-rise-by-20-35-in-october-5837581.html (or they inflated it) and they will like fall in Q1 2020
One good thing(unless it affects quality, which it might) is Samsung is starting assembly in India for all products under 75" https://economictimes.indiatimes.co...ia-from-dec/articleshow/78500101.cms?from=mdr . Don't know about others. So hopefully we can get good quality TVs next year with more make here, at least at 20% more than the US prices
First theres 28% GST on sizes greater than 32in. So that maybe 20% more, don't know how much US takes tax? Moreover India govt takes 20% on Fully assembled TV imported into India 'to encourage Make in India'. So that's why the higher end models are so costly. There's also a 5% tax on panel imported by itself 'to enhance Make in India', so even India made ones should be costlier. So the pricier ones would be around 40% or so pricier at least.. 'Made in India' ones would also be around 25% costlier, which would come close to price of TVs in last month, and price of the Samsung TUE60 which seems to be made in India. Anyway LED season prices seemed to have increased by 20% too https://www.moneycontrol.com/news/b...s-could-rise-by-20-35-in-october-5837581.html (or they inflated it) and they will like fall in Q1 2020
One good thing(unless it affects quality, which it might) is Samsung is starting assembly in India for all products under 75" https://economictimes.indiatimes.co...ia-from-dec/articleshow/78500101.cms?from=mdr . Don't know about others. So hopefully we can get good quality TVs next year with more make here, at least at 20% more than the US prices
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