New Delhi, July 1 (IANS) Automobile major Maruti Suzuki India on Saturday said that it has passed on the entire benefit of GST (Goods and Services Tax) rates on vehicles to its customers.
According to the company, after the implementation of GST, the ex-showroom prices of its models have come down by up to three per cent.
"The rate of reduction varies across locations depending on the VAT (value added tax) rates applicable prior to GST," the company said in a statement.
However, the company pointed out that owing to withdrawal of tax concessions on mild hybrid vehicles, the prices of "Smart Hybrid Ciaz Diesel" and "Smart Hybrid Ertiga Diesel" have increased.
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.
This website uses cookies.
