GST Bike Price Out For most manufacturer, however, there are some manufacturer missing, we will update this list, so stick to us for more
After the new GST which was implemented across India from July 1, 2017 there is a lot of changes in the prices of vehicles. Bikes that have capacities under 350 cc get 28% tax and the ones 350cc gets 31% tax. Previously the tax for bikes was 30.2%. From this we can say that the lower capacity vehicles is cheaper as the tax is less and the ones with the higher capacity gets more expensive.
The ex-showroom prices for the RE have actually increased in Delhi, where usually they’ve been the least. Depending on the cc of the engine, the price range varies from a few hundred to a few thousand rupees. Prices for under 350cc models have dropped in some cities like Chennai.
Nearly most of Yamaha’s models sold in the country fall in the 28 percent GST bracket and have seen marginal price changes. The company has been practical about its post-GST pricing and the website now shows the new prices for all their models in all states.
TVS, with their commuter segment models gets a reduction in the range of Rs 350 to Rs 1,500, depending on the state. The prices of company’s premium bikesuch as the Apache RTR 200 have dropped of up to Rs.4, 150, this is subjected to the location of purchase.
Ex-showroom prices of the sub 350cc KTM range including bikes such as the 200 Duke, RC 200 and 250 Duke have been reduced by upto Rs. 8,600 post GST. Owing to an additional cess on 350cc+ motorcycles the reduction on ex-showroom prices of the 390 Duke and the RC 390 is upto Rs. 5,900. The rate of reduction varies across locations depending on the VAT rates applicable prior to GST.
The revised pricing for Honda’s current product portfolio sees minor price drops across the range where pre-GST taxes were low. The company’s highest selling scooter, the Activa 4G, saw a drop of only Rs 442 in its ex-showroom Delhi price. The company’s premium offering in the 150-160cc category is the CB Hornet 160R which got reduction of Rs 724.
Lucky for Suzuki that all the models fall under the 350 cc bracket so the over tax would just be 28%. However the big imports such as the GSX-R1000 and V-Strom 1000, would attract increased taxation. Suzuki has said that it will be passing on the benefits of GST to customers and that the products will be made available to more Indians.