Bajaj Auto's bikes just became cheaper thanks to GST
- Bajaj Auto cuts prices of bikes by up to Rs 4,500
- Prices of its vehicles to reduce with immediate effect
- Bajaj Auto will pass on the benefit of the implementation of GST
Bajaj Auto announced that it will pass on the benefit of the implementation of the goods and service tax (GST) to customers by reducing the prices of its vehicles from Wednesday June 14 itself.
The company has cut the prices of its entire motorcycle range up to Rs 4,500, depending on the model and the State in which the motorcycle is purchased.
While taxes on automobiles are set to reduce due to the implementation of GST on July 1, it has decided to reduce their prices immediately unlike other automobile companies that will do so the following month.
In fact, Bajaj Auto is one of the first two-wheeler companies to announce the price cut due to GST. This could mean that other two-wheeler companies will follow in the coming days.
Eric Vas, President, Motorcycle Business, Bajaj Auto said, “As a responsible corporate Bajaj Auto is happy to pass on the price saving accruing out of GST to its customers. With the GST implementation just around the corner we felt that it would be appropriate to pass on this significant savings to customers. Bajaj Auto is proud to be the first and only motorcycle company in India, to offer post GST reduced prices to customers even before the implementation date. Customers no longer need to wait for July 1 to buy their desired Bajaj Motorcycle.”
The post GST benefits vary for each state, and differ across motorcycle models. Customers can now walk into authorised Bajaj Auto dealerships to understand the savings and avail of the same for bookings between June 14 and June 30, 2017.