Tata Motors’ cars, SUVs to get cheaper by up to Rs 1.55 lakh from Sep 22
Mumbai, Sep 5: Tata Motors on Friday announced that it will pass on the entire benefit of the recent GST reduction on passenger vehicles to its customers.
The new prices will come into effect from September 22, the day the revised GST rates are implemented.
“The reduction in GST on passenger vehicles, effective September 22, is a progressive and timely decision that will make personal mobility more accessible for millions across India,” the company said in its statement.
Shailesh Chandra, Managing Director of Tata Motors Passenger Vehicles Limited and Tata Passenger Electric Mobility Limited, said the reduction in GST is a progressive and timely step that will make personal mobility more affordable for millions of people in India.
He added that the company will fully honour the government’s intent by ensuring customers get the complete benefit of the tax cut.
“In line with the Prime Minister’s vision, the Finance Minister’s intent and our Customer First philosophy, Tata Motors will fully honour the intent and spirit of this reform by passing on the entire benefit of the reduction in GST to our customers,” Chandra said.
“This will make our popular range of cars and SUVs even more accessible across segments, enabling first-time buyers and accelerating the shift towards new age mobility for a wider spectrum of customers,” he added.