GST impact: Tata Motors cuts passenger vehicle prices by up to Rs 2.17 lakh

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Automaker Tata Motors today declared a lessening in cost of its traveler vehicles by up to Rs 2.17 lakh, making accessible the GST advantage to its clients.

“Following the rollout of GST, we have chosen to pass on the whole benefit to our clients. We are putting forth a value lessening of up to 12% going between Rs 3,300 and Rs 2,17,000, contingent upon the model and variation,” Tata Motors President, Passenger Vehicles Business Unit, Mayank Pareek said in an announcement.

The organization “entire heartedly” respects the activity by the Union government for presenting GST and acquiring a uniform tax the nation over, he included.

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“This will improve the simplicity of working together and introduce another time for the economy when all is said in done and particularly, for the car business,” Pareek said.

Recently, Mahindra and Mahindra declared decrease in costs of its utility vehicles and SUVs by up to 6.9 per cent on an average. Additionally, the organization decreased costs of small business vehicles.

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