@Tata motors #GST
GST implementation from 1st July 2017 in India had ups and downs in different sectors. Particular in automotive sector it was a ‘win’ situation for most of costumers, as prices of most cars and bikes have been slashed down. Except a countable number of cars and bikes which has seen hike in price.
As the effect of GST all the automotive manufacturer are releasing their updated price list, Even Tata motors has joined that list by decreasing the price upto 12% across segments. This price drop is expected be from Rs. 3300 to Rs. 2,17,000 for different car models and variants under Tata motors.
With the release of the new price officials at Tata motors said that, they will wholeheartedly welcome the new taxation rules as its benefits the costumers as well as companies sales. It will be starting of new era in the Indian economy especially in auto motive industry.
The prices of Tata Tiago,Tata Tigor will be reduced but the major reduction will happen in Tata Sumo, Tata safari, Tata Hexa with expected price drop about Rs. 80000 to Rs. 1,60,000. But again it depends on the variant and even region also. As regions which had higher tax prior to introduction of GST (like Bengaluru, Mumbai) will have significant price reduction. Tata motor also mentioned the release of completed price reduction per each model at the earliest.
Tata motor‘s luxury car manufacturing wing Jaguar land rover has also slashed its price up to Rs. 10.9 lakhs ..! across its lineup.