Tata Motors to reduce prices on cars by up to Rs 1.45 lakh after GST reforms

Tata Motors on Friday announced slashing prices of passenger vehicles up to ₹1.45 lakh from September 22, in a move that is set to benefit customers ahead of the festive season. The announcement comes days after the GST council, earlier this week, reduced the tax rates for most of the goods, including vehicles.

The Mumbai-based automobile manufacturer said that it would pass on the full benefit of the recent GST reduction on cars and SUVs to customers.

The revised prices would be applicable from September 22, when the revised GST rates come into effect. While Tiago will see a



reduction of up to 75,000, the price of Safari will see the biggest cut of ₹1,45,000.

The auto major said that the price of Tiago will be cheapter by ₹75,000, the Tigor by ₹80,000, and the Altroz by ₹1.10 lakh.

The Punch will see a reduction of up to ₹85,000, the Nexon by as much as ₹1.55 lakh, and the Curvv by up to ₹65,000. Meanwhile Harrier and Safari will see a price cut of up to ₹1,40,000 and 1,45,000 respectively.

The move comes after the GST Council approved limiting slabs to 5 per cent and 18 per cent from September 22, the first day of Navaratri.