New 5% Excise Duty to cause price hike on Apple iPads, iMacs &

Well, this is disappointing—the Nepal government has decided to slap a 5% excise duty tax on iPad, iMac, Mac Mini, and hard drives. So expect a price hike on these Apple products and hard drives in the coming days.

What is excise duty?

Excise duty is basically a kind of indirect tax levied on the production and sale of goods like tobacco, alcohol, and luxury goods. Honestly speaking, this doesn’t make a lot of sense. An excise tax should be levied on luxury items, not smartphones, computers, and hard drives that have become essential today. Giving them the benefit of the doubt, the “iPad”  might be a “luxurious” device but something like the iMac or the Mac Mini are work machines for content creators and businesses.

Even more absurd is considering hard drives a luxury. Hard drives are the most economical and practical way of storing large amounts of data for any organization. Most of the time, it’s essential for storing customer data, work files, and media. It makes no sense why it would be a “luxury” item.

Regardless I guess we shouldn’t be surprised by this decision as the government already has a 5% excise duty on smartphones.

Price Hike on Apple iPad

Known for their sleek design, friendly UI, and versatility, iPads are by far the most popular product in the tablet space. Everything from the base iPads to iPad minis and iPad Airs, and iPad Pros are often unrivaled in their respective price segments. Currently, you can purchase the latest 10th Gen base iPad, 6th Gen Mini, and M2 iPad Pro from authorized stores. But with the new excise duty, they will get more expensive now.

Apple iPad ModelCurrent priceNew Price (estimate)
iPad 10.2 (2021, 9th Gen)
64GB, WiFi onlyRs. 55,000Rs. 57,750
64GB, WiFi + CellularRs. 77,500Rs. 81,375
256GB, WiFi onlyRs. 81,900Rs. 85,995
256GB, WiFi + CellularRs. 104,900Rs. 110,145
iPad 10.9 (2022, 10th Gen)
64GB, WiFi onlyRs. 78,000Rs. 81,900
256GB, WiFi onlyRs. 99,500Rs. 104,475
iPad mini 6th Gen (2021)
64GB, WiFi onlyRs. 85,000Rs. 89,250
64GB, WiFi + CellularRs. 108,000Rs. 113,400
256GB, WiFi onlyRs. 115,000Rs. 120,750
256GB, WiFi + CellularRs. 135,000Rs. 141,750
iPad Air 5th Gen (2022)
64GB, WiFi onlyRs. 95,000Rs. 99,750
256GB, WiFi onlyRs. 119,900Rs. 125,895
iPad Pro (2020)
11”1TB, WiFiRs. 168,900Rs. 177,345
1TB, WiFi + CellularRs. 188,900Rs. 198,345
12.9”256GB, WiFi + CellularRs. 168,900Rs. 177,345
512GB, WiFiRs. 168,900Rs. 177,345
512GB, WiFi + CellularRs. 188,900Rs. 198,345
1TB, WiFiRs. 188,900Rs. 198,345
iPad Pro M1 (2021)
11”512GB, WiFiRs. 185,000Rs. 194,250
1TB, WiFiRs. 225,000Rs. 236,250
1TB, WiFi + CellularRs. 250,000Rs. 262,500
2TB, WiFiRs. 295,000Rs. 309,750
2TB, WiFi + CellularRs. 310,000Rs. 325,500
12.9”256GB, WiFiRs. 180,000Rs. 189,000
512GB, WiFiRs. 215,000Rs. 225,750
1TB, WiFiRs. 270,000Rs. 283,500
1TB, WiFi + CellularRs. 298,000Rs. 312,900
2TB, WiFiRs. 325,000Rs. 341,250
iPad Pro M2 (2022)
11”128GB, WiFiRs. 132,500Rs. 139,125
256GB, WiFiRs. 149,000Rs. 156,450
512GB, WiFiRs. 184,500Rs. 193,725
12.9”128GB, WiFiRs. 184,500Rs. 193,725
256GB, WiFiRs. 199,500Rs. 209,475

Price Hike on Apple iMac and Mac Mini

Similar is the story with the iMac and Mac Mini. With the excise duty, they too are getting more expensive too.

Apple Mac mini (2023) Performance

iMac, Mac Mini ModelCurrent priceNew price (estimate)
iMac 24 (M1, 7C GPU, 8/256GB)Rs. 205,000Rs. 215,250
iMac 24 (M1, 8C GPU, 8/256GB)Rs. 235,000Rs. 246,750
iMac 24 (M1, 8C GPU, 8/512GB)Rs. 265,000Rs. 278,250
Mac Mini (M1, 8/256GB)Rs. 110,000Rs. 115,500
Mac Mini (M1, 8/512GB)Rs. 140,000Rs. 147,000
Mac Mini (M2, 8C CPU, 10C GPU, 8/256GB)Rs. 102,000Rs. 107,100
Mac Mini (M2, 8C CPU, 10C GPU, 8/512GB)Rs. 135,000Rs. 141,750
Mac Mini (M2 Pro, 10 CPU, 16 GPU, 16/512GB)Rs. 217,000Rs. 227,850

Finally, hard drives are getting pricier too. Some popular hard drive brands in Nepal are Toshiba, Kingston, Transcend, Seagate, and Adata. They will also be affected by this 5% price increase due to the new excise duty.

Source link

Rabins Sharma Lamichhane

Rabins Sharma Lamichhane is senior ICT professional who talks about #it, #cloud, #servers, #software, and #innovation. Rabins is also the first initiator of Digital Nepal. Facebook: rabinsxp Instagram: rabinsxp

Leave a Reply

Your email address will not be published. Required fields are marked *