Mahindra SUVs and Renault Car Prices Post-GST 2.0: Auto makers offer up to Rs 1.56 lakh—See model-wise price lists

Car Prices Post GST 2.0: Customers of Mahindra SUVs can now save between Rs 1.01 lakh and Rs 1.56 lakh after the GST reduction. The company confirmed that buyers will not have to wait until September 22 to benefit from the revised rates.

Those who complete billing before that date will still receive GST-linked savings until the updated prices are officially reflected.

GST 2.0: Mahindra SUV price benefits | Full list

The price cuts translate into significant savings across Mahindra’s popular models:

• Bolero / Bolero Neo – Save up to Rs 1.27 lakh
• XUV3XO (Petrol) – Save up to Rs 1.40 lakh
• XUV3XO (Diesel) – Save up to Rs 1.56 lakh
• Thar 2WD (Diesel) – Save up to Rs 1.35 lakh
• Thar 4WD (Diesel) – Save up to Rs 1.01 lakh
• Scorpio Classic – Save up to Rs 1.01 lakh
• Scorpio-N – Save up to Rs 1.45 lakh
• Thar Roxx – Save up to Rs 1.33 lakh
• XUV700 – Save up to Rs 1.43 lakh

Renault passes on full GST benefit

Following Mahindra, Renault India has also announced price reductions across its lineup. The French carmaker has cut prices of its three models -- Kwid, Triber, and Kiger -- by up to Rs 96,395.

With this revision, the Kwid now starts at Rs 4,29,900 (ex-showroom), while both the new Triber and Kiger begin at Rs 5,76,300 (ex-showroom). The new rates apply to all deliveries made on or after September 22, though bookings at updated prices are open immediately.

“Passing on the full GST 2.0 benefit is a reflection of our unwavering commitment to our customers. We believe this timely initiative will not only make our cars more accessible but also energise demand during the festive season,” said Venkatram Mamillapalle, Managing Director, Renault India.

Tata Motors cuts prices too

Tata Motors has also confirmed that it will pass on the GST 2.0 benefit from September 22. Under the revised structure, the Tiago will see price cuts of up to Rs 75,000, while the Nexon will become cheaper by as much as Rs 1,55,000.

GST 2.0: What changes for the auto sector?

The GST Council, in its 56th meeting since the launch of the indirect tax in 2017, announced major changes under GST 2.0, reducing the broad automobile tax rate by 10 percentage points to 18 per cent.

Key changes include:

• Petrol, petrol hybrid, LPG, and CNG cars under 1200 cc and sub-4 metre length taxed at 18 per cent (down from 28 per cent)
• Diesel and diesel hybrid cars under 1500 cc and sub-4 metre length taxed at 18 per cent (down from 28 per cent)
• Three-wheelers taxed at 18 per cent (down from 28 per cent)
• Motorcycles up to 350 cc taxed at 18 per cent (down from 28 per cent)
• Goods vehicles taxed at 18 per cent (down from 28 per cent)

Smaller vehicles such as hatchbacks, compact sedans, and compact SUVs fall into the 18 per cent slab, while mid-size, large, and luxury models attract a 40 per cent rate. Previously, ICE vehicles were taxed at 28 per cent plus a compensation cess ranging from 1 to 22 per cent.

For electric vehicles, GST remains unchanged at 5 per cent, while hydrogen fuel cell vehicles (FCEVs) see a reduction from 12 per cent to 5 per cent.

What’s next?

With Mahindra, Renault, and Tata Motors already announcing revised prices, other automobile majors including Maruti Suzuki and M&M are expected to follow before the new GST rates take effect on September 22.