Maruti Car Price Drop after GST Cut: What It Means for Buyers
The Indian automobile market may soon witness a major change as the government is considering a reduction in GST on small and mid-segment cars. Currently, these cars attract 28% GST and 1% cess, making the total tax burden 29%. If the GST rate drops to 18% (plus 1% cess = 19%), buyers will see a significant Maruti Car Price Drop after GST Cut.
This move could revive demand in the auto sector, especially for Maruti Suzuki, which dominates the Indian passenger car market with budget-friendly models.
Why GST Reduction Matters?
The Indian car market has been under pressure due to rising fuel prices and high taxation. Industry experts believe that if GST comes down, it will not only make cars more affordable but also increase sales volumes. The Maruti Car Price Drop after GST Cut will directly benefit middle-class families planning to buy hatchbacks, sedans, and compact SUVs.
Model-wise Impact of Maruti Car Price Drop after GST Cut
| Model | Current Ex-showroom Price | Tax @ 29% (28% GST + 1% Cess) | Tax @ 19% (18% GST + 1% Cess) | Potential Savings |
|---|---|---|---|---|
| Alto K10 | ₹4,23,000 | ₹1,22,669 | ₹80,370 | ₹42,299 |
| S-Presso | ₹4,26,500 | ₹1,23,684 | ₹81,035 | ₹42,649 |
| Celerio | ₹5,64,000 | ₹1,63,560 | ₹1,07,160 | ₹56,400 |
| Eeco | ₹5,69,500 | ₹1,65,155 | ₹1,08,205 | ₹56,950 |
| WagonR | ₹5,78,500 | ₹1,67,765 | ₹1,09,915 | ₹57,850 |
| Swift | ₹6,49,000 | ₹1,88,210 | ₹1,23,310 | ₹64,900 |
| Dzire | ₹6,83,999 | ₹1,98,359 | ₹1,29,959 | ₹68,400 |
| Brezza | ₹8,69,000 | ₹2,52,009 | ₹1,65,110 | ₹86,899 |
| Ertiga | ₹9,11,500 | ₹2,64,335 | ₹1,73,185 | ₹91,150 |
Also Read:-PM Modi Pushes for GST Reform: Relief Likely Before Diwali
Customer Savings Explained
For an entry-level hatchback like the Alto K10, the Maruti Car Price Drop after GST Cut could mean savings of over ₹42,000. On popular models like Swift and Dzire, buyers may save between ₹65,000 – ₹70,000. For larger vehicles like Brezza and Ertiga, savings may cross ₹85,000 – ₹90,000, making them much more attractive in their segments.
Industry Impact of Maruti Car Price Drop after GST Cut
- Boost in Sales: Affordable prices may bring first-time buyers back into the market.
- Positive for Auto Industry: Manufacturers like Maruti Suzuki could see stronger demand.
- Middle-Class Relief: Families planning cars will benefit the most from the Maruti Car Price Drop after GST Cut.
Conclusion
The proposed GST reduction is still under discussion, but if implemented, it will result in a historic Maruti Car Price Drop after GST Cut. With savings ranging from ₹40,000 to ₹90,000 across different models, this could mark a new era of affordability in the Indian car market.
ગુજરાતીમાં વાંચો:-GST Cut પછી શું પ્રાઇસ હશે અલ્ટો,સ્વીફ્ટ ડિઝાયર,વેંગાનર?ચેક કરો અનુમાનિત કિંમત
