TVS Motor Company has decided to pass the full benefit of GST rate reduction to its customers, following the recent reforms introduced by the GST Council. The 56th GST Council reduced the rate of Goods and Services Tax (GST) on ICE vehicles from 28% to 18%. The company's best-selling motorcycle models include TVS Apache, TVS Ronin, TVS Raider, and TVS Sport. In the scooter segment, it is well-known for TVS Ntorq, TVS Jupiter, and TVS Zest.
TVS will offer significant savings on its products starting September 22 when the new GST reforms come into place.
Since the GST rate on electric vehicles continue to remain the same, there would be no change in prices of TVS iQube, TVS Orbiter, and TVS X.
Check new prices of all TVS products:
"We will pass on the full benefit of GST rate reduction to customers across our ICE portfolio. TVS Motor remains committed to providing mobility solutions that are trusted, reliable and provide unparalleled user experience," KN Radhakrishnan, Director & CEO of the company said.
(All figures are based on approximate calculations, and these do not depict the final price of the products.)
TVS will offer significant savings on its products starting September 22 when the new GST reforms come into place.
Since the GST rate on electric vehicles continue to remain the same, there would be no change in prices of TVS iQube, TVS Orbiter, and TVS X.
Check new prices of all TVS products:
"We will pass on the full benefit of GST rate reduction to customers across our ICE portfolio. TVS Motor remains committed to providing mobility solutions that are trusted, reliable and provide unparalleled user experience," KN Radhakrishnan, Director & CEO of the company said.
(All figures are based on approximate calculations, and these do not depict the final price of the products.)
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