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Mahindra GST 2.0 price drop benefits can be had right away as the revised tax structure reduces the GST and cess applicable on SUVs by up to Rs. 1.56 lakh
Mahindra & Mahindra has pulled a surprise for SUV buyers by implementing the GST 2.0 benefits earlier than expected. While the industry was gearing up for a rollout on September 22, Mahindra has announced that customers can begin availing the new prices from September 6 itself. It allows them to enjoy significant savings right away with benefits going as high as Rs. 1.56 lakh depending on the model.
The revised tax structure reduces the GST and cess applicable on SUVs resulting in meaningful drops across Mahindra’s portfolio. For instance, the Bolero Neo now enjoys savings of up to Rs. 1.27 lakh as its GST rate has fallen from 31 per cent to 18 per cent. The XUV3XO petrol variant also gains substantially with a benefit of up to Rs. 1.40 lakh thanks to the cut from 29 per cent to 18 per cent.
The XUV3XO diesel comes out as the biggest winner under GST 2.0. Its tax burden drops from 31 per cent to 18 per cent – translating into customer savings of up to Rs. 1.56 lakh. It makes the compact SUV an even more compelling choice for value-conscious buyers.
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Mahindra’s popular Thar also gets a major boost. The 2WD diesel version benefits by up to Rs. 1.35 lakh with the GST reduced to 18 per cent from 31 per cent. Even the rugged 4WD diesel variant sees a sizeable Rs. 1.01 lakh reduction as its rate is lowered from 48 per cent to 40 per cent.
The Scorpio nameplate, a long-time favourite in India, has also become more attractive. The Scorpio Classic now carries a Rs. 1.01 lakh advantage as its GST rate is trimmed to 40 per cent from 48 per cent. Meanwhile, the Scorpio-N gets one of the largest cuts in the lineup, with buyers saving up to Rs. 1.45 lakh.
The recently launched Thar Roxx receives a reduction of up to Rs. 1.33 lakh with its GST revised down from 48 per cent to 40 per cent. At the premium end, the XUV700 enjoys a similar treatment, allowing customers to save up to Rs. 1.43 lakh. Both models are positioned as premium offerings and the revised pricing should further drive demand.
Introducing GST 2.0 benefits ahead of schedule, Mahindra has gained an edge over rivals and also positioned itself strongly for the festive season. With reductions ranging from Rs. 1.01 lakh to Rs. 1.56 lakh across its SUV portfolio, the company is set to draw more customers into showrooms in the coming weeks.
The post Mahindra GST 2.0 Benefits Of Up To Rs. 1.56 Lakh – You Don’t Have To Wait Till Sep 22 appeared first on Gaadiwaadi.com – Latest Car & Bike News by Surendhar M.
