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Mahindra & Mahindra, Tata Motors and Reno have reduced the price of many cars including Scorpio, XUV700, Thar, Bolero, Tiago, Kwid to 1.56 lakhs after GST rate cuts.
New Delhi. To give the benefit of recent cuts in GST rate to its buyers, Mahindra & Mahindra on Saturday announced a price reduction in the price of Rs 1.56 lakh on sports utility vehicles (SUVs) like Scorpio, XUV700, Thar and Bolero. This price deduction will be effective from September 6, which came after the government reduced the effective GST rates on vehicles earlier this week.
The GST Council approved the tax deduction earlier this week. However the new GST rates will be effective from September 22, 2025, which is the first day of Navratri; Mahindra has announced an immediate price cut from 22 September today. After the GST rate cut, Mahindra's SUV line-up has become more cheaper, which will save buyers from Rs 1.01 lakh to Rs 1.56 lakh according to the model. Mahindra & Mahindra only make cars in the SUV segment.
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