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Maruti Suzuki passes on GST benefits on vehicles to customers

Maruti Suzuki passes on GST benefits on vehicles to customers

India Blooms News Service | | 01 Jul 2017, 04:45 pm
New Delhi, July 1 (IBNS): Car manufacturer Maruti Suzuki India Limited on Saturday announced that the company has passed on the entire benefit of GST rates on vehicles to its customers.

The ex-showroom prices of Maruti Suzuki models have come down by upto 3%, the company said in a statement.

The rate of reduction varies across locations depending on the VAT rates applicable prior to GST.

Owing to withdrawal of tax concessions on mild hybrid vehicles, the price of Smart Hybrid Ciaz Diesel and Smart Hybrid Ertiga Diesel has increased.

The new prices are effective from July 1, 2017.

 

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