Saturday, Jun 06, 2020 | Last Update : 08:57 PM IST

74th Day Of Lockdown

Maharashtra80229286942849 Tamil Nadu2869415762235 Delhi2633410315708 Gujarat19119130111190 Rajasthan100847359218 Uttar Pradesh97335648257 Madhya Pradesh89965878384 West Bengal73032912366 Karnataka4835169357 Bihar4598223329 Andhra Pradesh4250256573 Haryana3597120924 Telangana32901627113 Jammu and Kashmir3142104835 Odisha247814819 Punjab2415204347 Assam19894434 Kerala170071215 Uttarakhand115328610 Jharkhand7642975 Chhatisgarh6781892 Tripura6221730 Himachal Pradesh3691636 Chandigarh3022225 Goa126570 Manipur124110 Puducherry90330 Nagaland8000 Arunachal Pradesh3710 Meghalaya33131 Mizoram1710 Sikkim200

Royal Enfield offers GST benefits

THE ASIAN AGE
Published : Jun 22, 2017, 4:43 pm IST
Updated : Jun 22, 2017, 4:43 pm IST

Royal Enfield will pass on the GST benefits to its customers by reducing the prices of its bikes under 350cc.

The revised pricing will be applicable post June 17.
 The revised pricing will be applicable post June 17.

The Goods and Services Tax (GST) will be implemented from July 1. However, it's still unknown if the prices of two-wheelers will be reduced or hiked after the implementation of the new tax structure. According to the new GST structure, motorcycles with an engine size above 350cc will attract 31 per cent tax while the ones below 350cc will attract 28 per cent.

Royal Enfield

Royal Enfield has announced that it will pass on the GST benefits to its customers, making it the second bikemaker after Bajaj Auto to do the same. While Bajaj has quantified that price reduction for its range of motorcycles will be up to Rs 4,500, Royal Enfield hasn’t done the same. Given the current tax structures, Royal Enfield bikes incur a tax of 30 per cent but since its bikes, like the Royal Enfield Classic 350Thunderbird 350 and the Bullet 350 have displacements of 346cc, prices for them are likely to drop by two per cent. This also means that prices for the Royal Enfield Continental GT, HimalayanThunderbird 500Classic 500 and the Bullet 500 will be increased because of the revision in tax. 

The revised pricing will be applicable post June 17th and when we contacted Royal Enfield officials, we were told that the new price list will be out by this week itself. Watch this space for more updates. 

Source: ZigWheels.com

Tags: royal enfield, offers, gst, disount, royal enfield classic 350, thunderbird 350
Location: India, Delhi, New Delhi
ADVERTISEMENT
ADVERTISEMENT