{"id":10875,"date":"2025-09-07T05:36:56","date_gmt":"2025-09-07T05:36:56","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/09\/07\/toyota-slashes-prices-after-gst-reform-fortuner-is-now-cheaper-up-to-rs-3-49-lakh-business-news\/"},"modified":"2025-09-07T05:36:56","modified_gmt":"2025-09-07T05:36:56","slug":"toyota-slashes-prices-after-gst-reform-fortuner-is-now-cheaper-up-to-rs-3-49-lakh-business-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/09\/07\/toyota-slashes-prices-after-gst-reform-fortuner-is-now-cheaper-up-to-rs-3-49-lakh-business-news\/","title":{"rendered":"Toyota Slashes Prices After GST Reform; Fortuner Is Now Cheaper Up To Rs 3.49 Lakh | Business News"},"content":{"rendered":"


\n<\/p>\n

\n

Last Updated:<\/span>

Toyota Kirloskar Motor cuts prices on Fortuner, Innova Crysta, Vellfire, Hilux, Camry, Legender, Urban Cruiser Hyrider, and Glanza after GST reduction, effective September 22.<\/h2>\n
\n
\n
\n
\n
\"font\"<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
\"Toyota<\/p>\n

Toyota Fortuner. (File photo)<\/p>\n<\/figure>\n

Toyota Kirloskar Motor (TKM) has reduced the prices of many of its popular cars and SUVs. This decision has been taken after the GST Council recently reduced tax rates in the automobile sector. The company has clearly said that the full benefit of the GST reduction will be given to the customers. The new prices will be effective from September 22.<\/span><\/p>\n

Toyota\u2019s price cut announcement followed other competitors like Tata Motors and Renault which have announced the rate cuts recently.<\/p>\n

The biggest relief will be given to those who buy Fortuner. The price of this SUV will now be reduced by a maximum of <\/span>\u20b9<\/span> 3.49 lakh. Innova <\/span>Crysta<\/span> will be reduced by <\/span>\u20b9<\/span> 1.80 lakh and Innova <\/span>Hycross<\/span> by <\/span>\u20b9<\/span> 1.15 lakh. Luxury MPV <\/span>Vellfire<\/span> will be cheaper by <\/span>\u20b9<\/span> 2.78 lakh, while the price of Hilux pickup will be reduced by <\/span>\u20b9<\/span> 2.52 lakh. Similarly, the prices of other models will also see a decline. There has been a reduction of <\/span>\u20b9<\/span> 1.01 lakh on Camry, <\/span>\u20b9<\/span> 3.34 lakh on <\/span>Legender<\/span>, <\/span>\u20b9<\/span> 65,400 on Urban Cruiser <\/span>Hyrider<\/span> and <\/span>\u20b9<\/span> 85,300 on <\/span>Glanza<\/span>.<\/span><\/p>\n

Toyota Vice President Varinder Wadhwa said, \u201cWe thank the Government of India for this historic reform. This will make cars more affordable for customers and will bring new life to the auto sector. This step will boost market demand just before the festivals.”<\/span><\/p>\n

GST on vehicles has been reduced<\/span><\/h3>\n

The government has made a big change in the GST structure. Under the new system, small vehicles \u2013 that is, cars with petrol engines up to 1200 cc and diesel engines up to 1500 cc, whose length is up to 4000 mm, will now be charged 18% GST. While big cars \u2013 i.e. vehicles with petrol engines of more than 1200 cc and diesel engines of more than 1500 cc and vehicles longer than 4000 mm will be charged 40% GST.<\/span><\/p>\n

It means that popular hatchbacks and compact sedans, including Maruti Swift, Hyundai i20, Tata <\/span>Altroz<\/span>, and Honda Amaze, might become more affordable.<\/span><\/p>\n

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 28% (plus 17%-22% compensation <\/span>cess<\/span>) earlier. It means that the tax on such vehicles has been reduced to 40%, compared with 45%-50%.<\/span><\/p>\n

It covers bigger sedans, premium SUVs, and imported models. Customers looking at vehicles like Toyota Fortuner, Mahindra XUV700 (higher variants), or imported luxury sedans stand to gain, from September 22.<\/span><\/p>\n

\n
\n
<\/p>\n
\"authorimg\"<\/figure>\n

<\/span><\/p>\n

Varun Yadav<\/a><\/p>\n

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More<\/span><\/p>\n<\/div>\n<\/div>\n

First Published:<\/span><\/p>\n
\n

September 07, 2025, 10:56 IST<\/p>\n<\/div>\n<\/div>\n

News<\/a> business<\/a> Toyota Slashes Prices After GST Reform; Fortuner Is Now Cheaper Up To Rs 3.49 Lakh<\/span><\/div>\n
\n
\n
Disclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use<\/a> and Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\n

Read More<\/span><\/p>\n<\/div>\n


\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Last Updated:September 07, 2025, 10:57 IST Toyota Kirloskar Motor cuts prices on Fortuner, Innova Crysta, Vellfire, Hilux, Camry, Legender, Urban Cruiser Hyrider, and Glanza after GST reduction, effective September 22. Toyota Fortuner. (File photo) Toyota Kirloskar Motor (TKM) has reduced the prices of many of its popular cars and SUVs. This decision has been taken…<\/p>\n","protected":false},"author":1,"featured_media":10876,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-10875","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/10875","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=10875"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/10875\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/10876"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=10875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=10875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=10875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}