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Mini Cooper Discounts Announced: German luxury carmaker BMW has announced revised prices of its Mini lineup in India, with discounts ranging from Rs 2.5 lakh to Rs 3 lakh, in light of the Centre's GST 2.0 reform.
After the revision, the Mini Cooper cars will be available at the following prices:
| VARIANT | PRICE (OLD GST) | PRICE (NEW GST) | Discount |
| Essential Pack | Rs 46,20,000 | Rs 43,70,000 | Rs 2,50,000 |
| Classic Pack | Rs 51,95,000 | Rs 49,20,000 | Rs 2,75,000 |
| Favoured Pack | Rs 55,00,000 | Rs 52,00,000 | Rs 3,00,000 |
| JCW Pack | Rs 57,50,000 | Rs 54,50,000 | Rs 3,00,000 |
While the Essential pack will be available at Rs 43.7 lakh, instead of the current Rs 46.2 lakh, the Classic will be priced at Rs 49.2 lakh instead of Rs 51.95 lakh.
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The prices of the favoured and JCW packs are reduced by Rs 3 lakh each to Rs 55 lakh and Rs 57.5 lakh, respectively.
GST 2.0 Rate Cut on Automobiles | What's happening to car pricing in India?
The GST Council has announced a slew of changes in taxes across several industries, with the broad rate for automobiles by 10 percentage points to 18 per cent.
Here are five major changes in the GST 2.0 reform:
- Petrol and petrol hybrid, LPG, and CNG passenger cars below 1200 cc in the sub-4 metre category will now attract a 1,000-basis-point lower GST of 18 per cent
- Diesel and diesel hybrid cars below 1500 cc in the sub-4 metre category will also be taxed at 18 per cent, instead of 28 per cent
- Three-wheelers will be taxed at 18 per cent instead of 28 per cent
- Motorcycles up to 350 cc will be taxed at 18 per cent instead of 28 per cent
- Goods vehicles will also attract an 18 per cent levy instead of 28 per cent
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