In general PC parts are not going to be significantly impacted. The tax is going to be flat 18% but it's replacing various other taxes. A good increase in price is expected for first few months, during which time the prices will stabilize. But I have already bought the SSD (Samsung Evo 250 GB) from eBay from where I got a good deal.
Sarvesh
Journeyman
Take my words - GST will surely cause reduction in the price though marginally in majority cases whereas drastically in few cases. As far as services are conserned it is going to increase marginally. Manufacturing sector can reduce their consumer prices because of input credit. GST will bring a check on tax evasion heavily, since now onward whether a trader generates a bill or not the tax (GST) is already paid on his purchase (he has to collect and deposit only the additional tax amount on his margin above the purchase price). Check the link below to understand how it is going to reduce the consumer pricing with example.
How will GST help India and common man?
How will GST help India and common man?
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Sarvesh
Journeyman
To understand why government has made such differences, you should know how the things were taxed before GST. Most of the monitors are made in India and were charged excise duty as well as CST (central sales tax for interstate transactions - manufacturing unit to the state where the dealer is located) separately which never used to appear in customer's invoice (Retailers charged only Vat).
And computer hardware & laptops are mostly imported and were charged import duty only & retailers charged VAT.
Some states like Maharashtra also had Octroi charged on items coming from other states - so it also added to the price apart from CST but was not visible to us as consumers. Now since all taxes are amalgamated into one single tax 'GST' - the total tax on any product is visible to us. The dealer will pay only the amount of tax on his margin as he will get an input credit for the tax he has already paid while purchasing the product in purchase invoice. So now there is no multiple taxation as earlier where the taxes used to add to the cost of the product.
Now every citizen can see the actual amount of tax on the final bill which is being charged by the government irrespective of how many distributors, suppliers, dealers & retailers sold the product multiple times from one hand to another.
OP
rero
Broken In
GST is a total FUD. When it comes to discounts, they have come down heavily... the vendors/retailers are using GST as an excuse and will keep at it.
While there are at it, they are making a shit ton of money charging GST and reducing the discounts.
So spare us the drivel about Input Tax Credit. Who will make sure the benefit of ITC reaches the consumers?
Till now there's no such benefit. All I see are jacked up prices.
Whatever it was back then, Duty, Cess, VAT --------------------> WAS CHEAPER
Now after GST -----> CONSUMERS ARE SCREWED BEYOND RECOGNITION!
While there are at it, they are making a shit ton of money charging GST and reducing the discounts.
So spare us the drivel about Input Tax Credit. Who will make sure the benefit of ITC reaches the consumers?
Till now there's no such benefit. All I see are jacked up prices.
Whatever it was back then, Duty, Cess, VAT --------------------> WAS CHEAPER
Now after GST -----> CONSUMERS ARE SCREWED BEYOND RECOGNITION!
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