Regular visitors of India Autoz must have known by now that our news on the effect of GST on car and bike prices proved to be absolutely true. GST (Goods and Service Tax) is helping the Government to establish a uniform tax structure across the nation. There is a different effect of GST on different segments of cars in India. Luxury cars have witnessed a significant drop in prices. The mass market has also been affected. This means basically that even popular players like Maruti Suzuki, had to revise their car prices. So lets take a closer look at the effect of GST on Maruti car prices.
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GST effect on Maruti Cars
The good news is that Maruti Car Prices have dropped by upto 3% after GST implementation! Maruti, in a press release has said that it has passed on the entire GST benefit to its customers. The price drop on varies across various states. That said, it should be noted that the prices of Ciaz Diesel and Ertiga Diesel have gone up due to withdrawal of tax concessions. The revised prices of Maruti cars came into effect on July 1, 2017.
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Maruti Car Prices After GST
The big seller from Maruti, the WagonR gets a price cut of upto Rs 2,000. The Swift, which will be getting a new model next year, is now cheaper by upto Rs 3,000. The Maruti Alto also gets a price cut of Rs 1,000. The Baleno hatchback becomes cheaper by Rs 2,000. The Baleno RS gets cheaper by a whopping Rs 32,000 !! The newly launched Dzire compact sedan has got a price cut of Rs 3,000. The Vitara Brezza, also gets a big price cut of upto Rs 9,000. The S-Cross, which will soon get a facelift in the near future, would cost upto Rs 37,000 cheaper.
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It may be noted that the SHVS models of Maruti have become costlier. The petrol models of the Ciaz and the Ertiga have got cheaper by upto Rs 7,000. However, there has been a significant increase in the prices of the SHVS-equipped Diesel models. The prices of the Ciaz Diesel and the Ertiga Diesel have gone up by up to a whopping Rs 1.06 lakh! The Ciaz SHVS Diesel now comes in the price range of Rs 9.42 lakh to Rs 11.44 lakh. While the Ertiga SHVS Diesel falls in the price bracket of Rs 8.56 lakh to Rs 10.44 lakh (all prices are ex-showroom, New Delhi).
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Maruti Car Prices After GST Implementation
|Model||Change in Price||New Price|
|Alto 800||Rs 1,000 (-)||Rs 2.49 lakh – 3.76 lakh|
|Alto K10||Rs 1,000 (-)||Rs 3.29 – 4.15 lakh|
|Ignis||Rs 26,000 (-)||Rs 4.56 – 7.54 lakh|
|Swift||Rs 3,000 (-)||Rs 4.79 – 7.46 lakh|
|Vitara Brezza||Rs 9,000 (-)||Rs 7.23 – 9.91 lakh|
|Baleno||Rs 32,000 (-)||Rs 5.26 – 8.37 lakh|
|WagonR||Rs 2,000 (-)||Rs 4.14 – 5.34 lakh|
|Celerio||Rs 2,000 (-)||Rs 4.03 – 5.23 lakh|
|Eeco||Rs 2,000 (-)||Rs 3.28 – 4.34 lakh|
|S-Cross||Rs 37,000 (-)||Rs 7.94 – 11.66 lakh|
|Omni||Rs 1,000 (-)||Rs 2.66 – 2.68 lakh|
|Ciaz (Petrol)||Rs 7,000 (-)||Rs 7.72 – 10.52 Lakh|
|Ciaz (Diesel)||Rs 92,000 (+)||Rs 9.42 – 11.44 Lakh|
|Ertiga (Petrol)||Rs 7,000 (-)||Rs 6.15 – 8,75 Lakh|
|Ertiga (Diesel)||Rs 1.06 Lakh (+)||Rs 8.56 – 10.44 lakh
Stay tuned to India Autoz for latest news updates on Effect of GST on car prices.