GST EFFECTS: MARUTI AND TATA JAGUAR CUT PRICES OF VEHICLES

As in our previous post we spoke about the estimates after GST comes and here is the result. GST effects clearly seen here as MARUTI india's top selling brand and TATA Owned JAGUAR have made changes in their cars prices. As clear from the news TATA owned JAGUAR LAND ROVER makes changes in the price of its entire fleet upto 7 % and Also MARUTI also make changes in its cars prices upto 3% except its hybird cars.

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JAGUAR totally geared up for the GST and make necessary changes in its prices available to all its 25 retail outlets in INDIA. Here in below are the major points written about JAGUAR:


  • The Jaguar portfolio in India includes XE with a starting price of Rs 34.64 lakh, XF starting at Rs 44.89 lakh, F-PACE Rs 67.37 lakh onward and XJ with a starting point of Rs 97.39 lakh (ex-showroom prices across India).
  • the Land Rover range includes the Discovery Sport starting at Rs 40.04 lakh, Range Rover Evoque at Rs 42.37 lakh upward, Range Rover Sport beginning at Rs 89.44 lakh and Range Rover with a starting price point of Rs 1.59 crore (ex-showroom in India).

Similarly MARUTI cars price goes down upto 3% here are the highlights of MARUTI cars price changes:

  • Only hike in the price of CIAZ and ERTIGA as the cars are hybrid have increased in price upto 1 lakh.
  • The price also varies from state to state depends on the VAT charges per state.
  • a range of vehicles from Alto 800 to S-Cross that was priced at Rs 2.46 lakh to Rs 12.03 lakh (ex-showroom Delhi).
  • large luxury cars and SUVs with engine capacity of over 1,500 cc are slated to attract a 15 per cent cess over and above peak rate of 28 per cent, thereby bringing down the overall tax incidence compared to around 50 per cent under the previous taxation system.

Comes to the conclusion as there are many changes comes because of GST in the future.

GST EFFECTS ON AUTOMOBILE SECTOR: BEST GST SOFTWARE


GST EFFECTS ON CAR PRICES: BEST GST SOFTWARE

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