facebook
AD

TVS Motors to pass on GST benefits to customers

Authors Image

Nikhil Puthran

10,511 Views
TVS Motors to pass on GST benefits to customers

TVS Motors has emerged as the latest two-wheeler manufacturer who will soon pass on GST benefits to its customers. The price reduction will however vary from state to state and it is likely to be significant. Until now, it was Bajaj Auto, Royal Enfield, Kawasaki and UM Motorcycles who had announced a price cut ahead of GST implementation from 1 July 2017.

Under GST, a majority of two wheelers will soon attract a tax rate of 28 per cent as against the current 30 per cent. However, bikes over350cc will attract an additional cess of three per cent which takes the total tax to 31 per cent. TVS Motors has pretty much escaped the radar as it has been offering products with engine capacity between 100cc-200cc in the country. This allows the manufacturer to pass on considerable benefits to its customers in a price sensitive market like ours. 

The revised prices will be rolled out over next few days and we can expect TVS to offer considerable discounts across its product range in India.

TVS Victor Gallery

  • TVS
  • other brands
TVS Raider 125
TVS Raider 125
₹ 97,054Onwards
Avg. Ex-Showroom price
Show price in my city
TVS Apache RTR 160
TVS Apache RTR 160
₹ 1,19,981Onwards
Avg. Ex-Showroom price
Show price in my city
TVS Ntorq 125
TVS Ntorq 125
₹ 87,133Onwards
Avg. Ex-Showroom price
Show price in my city
AD

Featured Bikes

  • Popular
  • Upcoming
Hero Xtreme 125R
Hero Xtreme 125R
₹ 96,786Onwards
Avg. Ex-Showroom price
Show price in my city
TVS Raider 125
TVS Raider 125
₹ 97,054Onwards
Avg. Ex-Showroom price
Show price in my city
Yamaha MT 15 V2
Yamaha MT 15 V2
₹ 1,68,708Onwards
Avg. Ex-Showroom price
Show price in my city
Ampere Nxg - The Nex Big Thing
LAUNCHING SOON
Apr 2024
Ampere Nxg - The Nex Big Thing

₹ 1,30,000

Apr 2024 (Tentative)Expected Launch
Ather Rizta
Ather Rizta

₹ 1,25,000

13th Apr 2024Expected Launch
Hero Xoom 160
Hero Xoom 160

₹ 1,10,000

13th Apr 2024Expected Launch
AD
  • Home
  • News
  • TVS Motors to pass on GST benefits to customers