Bumper discounts on smartphone will be available before July 1 2017 - GST Fact

If you also have a problem with buying a mobile phone in Flipkart and Amazon sell phones, then you have big news. You have chance to buy a smartphone with a bumper discount.

In fact, commodity and service tax (GST) is going to come into effect from July 1, after which the prices of smartphones can be up to 10 per cent. Last week, GST Council had fixed a 12-percent rate for smartphones and their manufacturing for cellular networks, and most of the phones would be 4-5% higher than the current prices.

 In such a case, market experts say that from July 1, smartphones and their parts will be expensive, in view of which branded mobile can be sold online and offline with huge discounts. Because there is uncertainty about GST now, distributors are sending the stock to retailers.

Now a large number of smartphones are reaching the retailers. In such a situation, it is their compulsion to sell them quickly, because there will hardly be a retailer who will keep the stock going up. In this case, Expert says that branded smartphones can once again be sold with a discount of 10 to 12 percent.

One reason for this is that less stock is sent to distributors in the May-June quarter, as it is necessary to remove the existing stock before the bumper sales quarter in July-September. So now you should ready for this golden opportunity.