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KTM India hikes prices across range due to GST

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Neil Nair

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KTM India hikes prices across range due to GST

KTM India has revised the prices of its entire line-up post-GST, resulting in a price hike of the motorcycles. The increase in prices range from Rs 628 to Rs 5,797 depending on the model.

The 2017 390 Duke is the most popular bike from KTM with 1713 units sold in May this year. This bike gets the lowest price hike of Rs 628, thus bringing the total price up to Rs 2,26,358 compared to the earlier price of Rs 2,25,730. The RC390 on the other hand, is dearer by Rs 5,797. While the bike earlier carried a Rs 2,25,300 price tag, it now costs Rs 2,31,097. 

Post-GST, sub-350cc motorcycles were expected to get cheaper, but KTM has surprisingly increased the prices on the 200 Duke, 250 Duke and RC200. With an increase of Rs 4,063, the 200 Duke now costs Rs 1,47,563 unlike the earlier Rs 1,43,500. The 250 Duke now retails at Rs 1,77,424. That is a Rs 4,427 increase over the earlier pricing of Rs 1,73,000. The KTM RC 200 is now more expensive by Rs 4,787 and starts at Rs 1,76,527. The RC200 had a price tag of Rs 1,71,740 before GST was implemented on 1 July. 

Earlier, motorcycles attracted a 30 per cent tax rate, regardless of its engine capacity. With the implementation of GST, motorcycles above 350cc get more expensive and attract 31 per cent tax, which is an increase of 1 per cent. Sub-350cc motorcycles now come with 28 per cent tax which is 2 per cent lower than the earlier tax rate. KTM is yet to divulge its reason for hiking the price on the sub-350cc models. For further updates on this issue, visit us at BikeWale.

All prices ex-showroom Delhi.

 

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