The much-anticipated GST 2.0 will officially take effect on September 22, delivering a massive price correction across India’s automobile market. This tax revision is expected to benefit millions of buyers, with prices slashed from ₹40,000 on entry-level hatchbacks to a record-breaking ₹30.4 lakh on luxury SUVs.
From Maruti Suzuki’s budget cars to Range Rover’s premium SUVs, and even two-wheelers like Honda Activa and Shine, nearly every segment will see substantial price cuts. Automakers are passing these tax savings directly to customers, making this one of the biggest price reductions in Indian auto history.
Brand-Wise Price Cut Highlights
Mahindra – Up to ₹1.56 Lakh Off
- Bolero Neo: ₹1.27 lakh cheaper
- XUV 3XO: ₹1.40 lakh (Petrol) | ₹1.56 lakh (Diesel) cut
- Thar Range: Up to ₹1.35 lakh lower
- Scorpio N: ₹1.45 lakh cut | XUV700: ₹1.43 lakh cheaper
Tata Motors – Up to ₹1.55 Lakh Off
- Tiago: ₹75,000 cheaper | Tigor: ₹80,000 off
- Altroz: ₹1.10 lakh cut | Nexon: ₹1.55 lakh cheaper
- Harrier: ₹1.40 lakh cut | Safari: ₹1.45 lakh lower
Toyota – Up to ₹3.49 Lakh Off
- Fortuner: ₹3.49 lakh cut | Legender: ₹3.34 lakh cheaper
- Hilux: ₹2.52 lakh off | Vellfire: ₹2.78 lakh cheaper
- Camry: ₹1.01 lakh cut | Innova Crysta: ₹1.80 lakh off
Range Rover – Up to ₹30.4 Lakh Off
- Range Rover 4.4P SV LWB: ₹30.4 lakh cheaper
- Sport 4.4 SV Edition Two: ₹19.7 lakh off
- Defender Range: Up to ₹18.6 lakh cut
Kia – Up to ₹4.48 Lakh Off
- Sonet: ₹1.64 lakh cheaper | Syros: ₹1.86 lakh cut
- Carnival: ₹4.48 lakh reduction
Skoda – Up to ₹5.8 Lakh Off
- Kodiaq: ₹3.3 lakh GST cut + festive offers
- Kushaq & Slavia: Up to ₹3.7 lakh combined benefit
Hyundai – Up to ₹2.4 Lakh Off
- i20, Venue, Creta: ₹70K – ₹1.23 lakh cheaper
- Tucson: ₹2.4 lakh price cut
Maruti Suzuki – Up to ₹2.25 Lakh Off
- Alto K10, WagonR, Swift, Dzire: ₹40K – ₹61K cheaper
- Jimny: ₹1.14 lakh cut | Invicto: ₹2.25 lakh off
Honda Two-Wheelers – Up to ₹18,887 Off
- Activa & Dio series: ₹7K – ₹8K cheaper
- SP160, Hornet 2.0, NX200: ₹10K – ₹14K cut
- CB350 H’ness, CB350RS: Up to ₹18,887 off
Impact on Buyers
With GST rate reduced from 28% to 18% for most segments, this move is expected to boost sales during the festive season. First-time car buyers, premium SUV enthusiasts, and budget-conscious two-wheeler buyers will all benefit.
This landmark revision is set to revive demand, encourage faster vehicle upgrades, and strengthen India’s auto industry growth trajectory.