Tata Motors reduces its prices

New Delhi, July 5: The GST effect is clearly visible on the customers. Tata Motors today has cut down the prices of its passenger vehicles under GST regime. The new prices of the vehicles are as follows

* Company has reduced prices by 12 % and a discount ranging between Rs 3,300 and Rs 2,17,000 is available depending on the model and variant.

The company has issued a statement that it will fully be compliant under GST and we have reduced prices to pass on benefits to customers. They have also said that new tax regime would boost automobile industry and will create a number of jobs.

Yesterday Mahindra has reduced its prices of its utility vehicles and SUVs by up to 6.9 percent on an average. Let's hope that many more companies reduce prices so that customers are benefitted.