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Mahindra & Mahindra, Tata Motors, Renault, Toyota, Hyundai India, Kia and others announce major car price cuts after GST rate drop. Check rate cuts.
GST Price Reduction
GST Rate Cuts On Cars: Automaker companies, including Mahindra & Mahindra, Tata Motors, Renault, Toyota, Hyundai India, Kia, and many others, have announced the rate cuts on their various car models, offering the benefits of the GST rate rationalization with effect from September 22.
Petrol, CNG and LPG cars with engine capacity up to 1200cc and length up to 4000 mm will now attract 18% GST, lower from the earlier 28%. Diesel cars with engine capacity up to 1500cc and length up to 4000 mm also get the lower 18% GST rate.
Cars with engine capacity above 1200cc (petrol/CNG/LPG) or above 1500cc (diesel) or length more than 4000 mm will now attract a 40% GST, as compared with nearly 50% (28% GST + 17%-22% compensation cess) earlier.
Let’s compare the new rates announced by these companies, which are effective from September 22. (Some companies like M&M already cut the prices)
Mahindra & Mahindra
Biggest Cuts
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XUV3XO (Diesel): ₹1.56 lakh off (highest)
-
Scorpio-N: ₹1.45 lakh off
-
XUV700: ₹1.43 lakh off
Other Models & Reductions
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Bolero/Neo: ₹1.27 lakh cut
-
XUV3XO (Petrol): ₹1.40 lakh cut
-
Thar 2WD (Diesel): ₹1.35 lakh cut
-
Thar 4WD (Diesel): ₹1.01 lakh cut
-
Scorpio Classic: ₹1.01 lakh cut
-
Thar Roxx: ₹1.33 lakh cut
Hyundai (Up to ₹2.4 lakh off)
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Nios: ₹73,808 cut
-
Aura: ₹78,465 cut
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Exter: ₹89,209 cut
-
i20: ₹98,053 cut
-
i20 N Line: ₹1.08 lakh cut
-
Venue: ₹1.23 lakh cut
-
Venue N Line: ₹1.19 lakh cut
-
Verna: ₹60,640 cut
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Creta: ₹72,145 cut
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Creta N Line: ₹71,762 cut
-
Alcazar: ₹75,376 cut
-
Tucson: ₹2.4 lakh cut (highest)
Tata Motors (Up to ₹1.55 lakh off)
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Tiago: ₹75,000 cut
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Tigor: ₹80,000 cut
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Altroz: ₹1.10 lakh cut
-
Punch: ₹85,000 cut
-
Nexon: ₹1.55 lakh cut (highest)
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Curvv: ₹65,000 cut
-
Harrier: ₹1.40 lakh cut
-
Safari: ₹1.45 lakh cut
Toyota (Up to ₹3.49 lakh off)
-
Fortuner: ₹3.49 lakh cut
-
Legender: ₹3.34 lakh cut
-
Hilux: ₹2.52 lakh cut
-
Vellfire: ₹2.78 lakh cut
-
Camry: ₹1.01 lakh cut
-
Innova Crysta: ₹1.80 lakh cut
-
Innova Hycross: ₹1.15 lakh cut
Skoda (Up to ₹5.8 lakh benefits)
-
Kodiaq: ₹5.8 lakh savings (₹3.3 lakh GST cut + ₹2.5 lakh festive offer)
-
Kushaq: ₹66,000 cut + ₹2.5 lakh offer
-
Slavia: ₹1.8 lakh total (GST + festive discount)
Renault (Up to ₹96,395 off)
-
Kiger: ₹96,395 cut (highest in lineup)
BMW (Up to ₹8.9 lakh off)
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2 Series Gran Coupe: ₹45.3 lakh
-
3 Series LWB: ₹60.5 lakh
-
5 Series LWB: ₹72.4 lakh
-
X1: ₹50.6 lakh
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X5: ₹93.7 lakh (down from ₹1.003 crore)
-
X7: ₹1.2 crore (down from ₹1.3 crore)
Mercedes-Benz (₹2.6 lakh – ₹11 lakh off)
-
S-Class S 450 4MATIC: ₹11 lakh lower (now ₹1.88 crore)
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GLS 450d AMG Line: ₹10 lakh cut
-
GLE 450 4MATIC: ₹8 lakh cut
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E-Class LWB 450 4MATIC: ₹6 lakh cut
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GLC 300 4MATIC: ₹5.3 lakh cut
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GLA 220d AMG Line: ₹3.8 lakh cut
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C 300 AMG Line: ₹3.7 lakh cut
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A 200d: ₹2.6 lakh cut
Maruti Suzuki (Expected Price Cuts)
(Not official yet, but expected post-GST 2.0)
-
Alto K10: ₹40,000 cut
-
WagonR: ₹57,000 cut
-
Swift: ₹58,000 cut
-
Dzire: ₹61,000 cut
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Baleno: ₹60,000 cut
-
Fronx: ₹68,000 cut
-
Brezza: ₹78,000 cut
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Eeco: ₹51,000 cut
-
Ertiga: ₹41,000 cut
-
Celerio: ₹50,000 cut
-
S-Presso: ₹38,000 cut
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Ignis: ₹52,000 cut
-
Jimny: ₹1.14 lakh cut
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XL6: ₹35,000 cut
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Invicto: ₹2.25 lakh cut
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