GST 2.0 Impact: TVS Motor announces price reductions on ICE vehicles

Following the recent reforms introduced by the GST Council, TVS Motor Company has also announced that it will pass on the full benefit of the GST rate reduction to customers across its ICE portfolio. However, the electric vehicles remain unaffected and continue to enjoy the concessional rate of 5 per cent GST, the company informed. The benefits will be available to customers starting September 22, 2025.

Commenting on the benefits, KN Radhakrishnan, Director & CEO, TVS Motor Company, said: "The GST rate rationalisation is a bold and transformative move that will accelerate consumption across society. We sincerely thank the Government of India for these progressive reforms. The Government’s consistent efforts to boost growth and strengthen the middle class’s spending power are vital steps towards realising the Hon’ble Prime Minister’s vision of Viksit Bharat 2047."

"We will pass on the full benefit of GST rate reduction to customers across our ICE portfolio. TVS Motor remains committed to providing mobility solutions that are trusted, reliable and provide unparalleled user experience," he added.