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GST impact Bajaj Auto reduces price up to Rs 4,500


The Two and three wheeler specially the Bajaj Auto on Wednesday said that they  have  reduced the prices of its bikes by up to Rs 4,500 with immediate effect, in order to pass on the expected GST price advantage to its customers.


The savings will have range up to Rs 4,500 depending on the model and the state in which the motorcycle is purchased," the company said in a statement as per our sources. 



With GST implementation just around the corner, we have felt that it would be appropriate to pass on this significant savings to customers," said Eric Vas, President, Motorcycle Business, Bajaj Auto.  



                                                Image : Teambhp

After the GST is implemented from 1 July onwards , motorcycles with more than 350 cc engines will attract arround 28.84 percent tax, while mid-segment and high-end luxury cars will call for a tax incidence of 32.2 percent.

Source : firstpost, moneycontrol


Comments

  1. A number of countries around the world have already implemented GST. The GST Bill has become one of the main points of discussion around the country thanks to its aptitude to completely improvement the whole taxation system in India. A GST Calculator is an efficient tool that can be used to calculate the cost of products and services. GST is one not direct tax for the whole nation, which will make India one combined common market. GST is a single tax on the supply of goods and services.

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