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What Is The Difference Between Australia And India

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Compare the price of TV between Australia and India for example: price of TV in India was 10.000 INR but it would cost in Australia was 200$ AUS because Taxes and import duties the major factor that affect the price of goods is different in taxes and import duties across country. Also in India has extremely high import duty of 50%, which make imported goods of TV so much costlier there. TV was cheaper in Australia thank to lower import taxes and better wholesale price. Even local taxes make a big difference. Moreover another important factor is that the prices of TV are not always determined based on the cost of producing them. A product may have a higher perceived value in India compared in Australia. A common brand may have a perceived high
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