From Alto to Creta and Brezza, everything will become very cheap, know reason

New Delhi: The central government has given a big gift to the common citizens and the rest of the industry before Diwali. The announcements made in the GST Council meeting are surprising in themselves. Two of the four slabs of GST have been abolished. Now only two slabs remain. This means that most of the goods of the country have been included in the 18 percent and 5 percent GST slabs.

The GST Council meeting has given a big boost to the auto industry. Now 18 percent GST will be imposed instead of 28 percent on vehicles of four meters or less in length. A tsunami of customers is expected in the auto industry this festive season. It is expected that there can be a big increase in sales.

The prices of vehicles are also likely to come down significantly for the customers. There can be a huge drop in the prices of vehicles ranging from Alto. Know below how much the prices of vehicles can fall.

The price of vehicles will decrease

If some research organizations are to be believed, the prices of vehicles can fall due to the new GST slab. However, the auto companies have not yet shared information about the new prices of the vehicle. Most companies are busy calculating after the tax cut. Prices of bikes and cars will come down. The price of Honda Activa scooter is likely to come down by about Rs 7,000.

At present, the price of its base model is around Rs 81,000. At the same time, the price of Bajaj Pulsar 150 can come down by about Rs 9,500. At present, its price is around Rs 1.1 lakh. Among SUVs, the price of Hyundai Creta can come down significantly. This car is expected to come down by about Rs 1.1 lakh.

Now its price is fixed up to Rs 11.1 lakh. Brezza car is expected to come down by Rs 90,000. Now the price of this car is Rs 8.7 lakh. The price of Innova is likely to come down by about Rs 2.6 lakh. Currently its price is Rs 20 lakh.

When will the rates be implemented?

The new GST rates decided by the GST Council will come into effect from 22 September 2025. After this, the prices of products will start falling across the country. Now fewer car customers are reaching the showrooms, because everyone is likely to have a price hike.