GST 2.0 Update: After the GST cut in the auto industry, this festive season, there is a possibility of getting a big response from the customers. It is being speculated that this time there may be a boom in the sales of cars and bikes. Ever since the GST cut was announced in the GST Council meeting, there has been a lot of happiness among the customers and businessmen.
There is a possibility of a significant reduction in the prices of Honda Activa and TVS Jupiter scooters, which are liked on Indian roads. GST rates on small vehicles have come down to just 18 per cent. Meaning there has been a drop of 1 per cent, which was earlier per cent. The new GST rates will be implemented on 22 September 2025. After this date, the prices of scooters will change a lot. Understand in detail below.
GST reduced on double wheel
The central government has given relief from inflation to common people as well as businessmen by approving two new GST slabs. Under this, the 28% GST on two-wheelers with a capacity of less than 350 cc has been reduced to 18% in the country. Now the sale of two-wheelers will increase significantly. There will be a good reduction in the prices of scooters. If you are thinking of buying a new TVS Jupiter or Honda Activa, then first know about the reduction.
How much will the price of Activa and Jupiter decrease?
After the reduction of GST, the prices of Honda Activa and Jupiter will decrease. The price of the Honda Activa was Rs 81,045. This also included 28% GST. From September 22, 18% GST will remain. In such a situation, its total price can be up to Rs 72940. The price of the TVS Jupiter 110 was Rs 78631 with 28% GST. Now, after the implementation of 18% GST, it can be Rs 70767. The price of the Suzuki Access bike can fall by about Rs 10 thousand.
Splendour’s price will decrease
Not only scooters, but also motorcycle prices can also see a decrease. If we talk about the drop in Splendour’s price, it can become cheaper by up to Rs 7,943. The earlier price of this bike was Rs 79,426, which also included 28% GST. Now, with the reduction in GST to 18%, its price can be up to Rs 71,483.
