Bajaj Auto GST Rate Cut: Bajaj Auto, on Tuesday, announced that fully pass on the goods and services tax (GST) rate cut announced last week.
Earlier, the GST council had announced a slew of changes in GST in the next Gen reforms.The GST council had decided to cut indirect taxes on two-wheelers under the engine capacity of 350 cc to 18%.
If the GST rate cut is passed on as it is to all the Bajaj products, then there can be a significant reduction in selected models, including KTM Duke and Adventure, Pulsar, Platina, Avenger, etc.
How Much Price Reduction is Expected On Bajaj Vehicles?
After GST reduction, people can expect a price drop of up to Rs 20,000 on two-wheelers and up to Rs 24,000 on three-wheeler range, stated Bajaj Auto in its press release on Tuesday. There will be a sharp reduction in Bajaj and KTM bikes across models from 22 September, the day when the next-gen GST reforms will be implemented.
How Much Bajaj Auto Bikes Cost After GST Rate Cut?
While a Rs 20,000 price cut is expected on Bajaj Auto bikes including KTM, the reduction will be available on a selected range of bikes. As the GST Council has reduced GST rates on two-wheelers under the engine capacity of 350 cc, models with higher engine capacity may see no change in prices.
Bajaj Auto has not specified how much price cut is expected on its different models. Considering the expected Rs 20,000 price cut mentioned by the company, here is an estimated price of Bajaj and KTM two-wheelers after GST Rate cut.
| Bike | Price Now (Ex-Showroom) | Expected Price After GST Cut |
| Bajaj Pulsar NS160 | 1.30 Lakh | 1.10 Lakh |
| Bajaj Dominar
250 |
1.9 Lakh | 1.7 Lakh |
| Bajaj Avenger 160 Street | 1. 2 Lakh | 1 Lakh |
| Bajaj Platina 110 | 74,000 | 54,000 |
| Bajaj CT 110 | 72,000 | 52,000 |
KTM Bike Price After GST Rate Cut
| Bike | Price (Ex-Showroom) | Expected Price After GST Rate Cut |
| KTM 160 Duke | 1.85 Lakh | 1.65 Lakh |
| KTM 85 SX | 6.69 Lakh | 6.49 Lakh |
| KTM 250 Adventure | 2.6 Lakh | 2.4 Lakh |
Note: Bajaj Auto’s two-wheeler price has been sourced from the company’s official website, and the expected price is mentioned based on an estimated discount of up to Rs 20,000 on models with less than 350 cc engine capacity. As the company’s hasn’t specified price cut on specific models, the expected price after GST rate cut mentioned above may vary based on model, showroom location, and other conditions.
GST Rate Cut To Significantly Boost Demand Amid Festive Season
The GST rate cut and the subsequent decline in two-wheeler rates will significantly boost demand amid the festive season. The company has also praised the GST rate cut reform and has stated that the decision will empower millions of customers with affordable and accessible mobility.
The Government’s decision to reduce GST for most two wheelers and three wheelers is a bold step forward, which will unlock their demand and set the industry on a firm growth path. We thank the Government of India for the initiative which touches the lives of millions. Two and three wheeler mobility is the backbone of livelihoods and fulfills many family aspirations. At Bajaj Auto Ltd, we are delighted to support the initiative, making our vehicles more affordable just as the festive season begins. The timely reform will most certainly lift consumer sentiment and add to the festive cheer!” said Rakesh Sharma, Executive Director, Bajaj Auto Ltd.