From Creta to Seltos, Grand Vitara, Hyryder, Thar Roxx & others: Cheaper by up to 1.33 lakh in GST 2.0

The Mahindra Thar Roxx now starts at only Rs 12,25,000 (ex-showroom).

The rollout of GST 2.0 has reduced the ex-showroom prices of several popular mid-size SUVs in India. With revised tax slabs and no compensation cess, models such as the Hyundai Creta, Kia Seltos, Maruti Suzuki Grand Vitara, Toyota Urban Cruiser Hyryder, Mahindra Thar Roxx, Tata Curvv, Honda Elevate, Skoda Kushaq, Volkswagen Taigun, and MG Astor are now more affordable, with price cuts ranging from Rs 54,000 to Rs 1,33,000.

Earlier, the mid-size SUVs attracted 28% GST along with a compensation cess from 15% to 22%, taking the total tax incidence to almost 50%. In GST 2.0, the structure has been rationalised. They are now in the 40% GST bracket with no compensation cess, as it has been completely removed for automobiles.

The lower taxation has translated into price cuts on all automobiles, including mid-size SUVs. The carmakers have passed on the benefits to buyers as well.

The biggest cut among mid-size SUVs is seen on the Mahindra Thar Roxx, with a reduction of Rs 1,33,000, bringing its new starting price to Rs 12,25,000 (ex-showroom). The Maruti Suzuki Grand Vitara follows with a cut of up to Rs 1,07,000, now priced from Rs 10,76,500. The Honda Elevate has received a reduction of Rs 91,100, with its new entry price set at Rs 10,99,900.

Other popular models have also become more accessible. The Hyundai Creta is cheaper by Rs 72,145, now starting at Rs 10,72,589, while the Kia Seltos has seen a cut of Rs 75,372, taking its base price to Rs 10,79,276. The Toyota Urban Cruiser Hyryder is down by Rs 65,400, with prices beginning from Rs 10,94,800.

Among others, the Tata Curvv has dropped by Rs 67,000 to Rs 9,65,690, while the MG Astor has the lowest reduction at Rs 54,000, making it the most affordable in the segment at Rs 9,65,000. The Skoda Kushaq and Volkswagen Taigun have seen price drops of Rs 65,828 and Rs 68,400, respectively, with revised entry prices of Rs 10,61,103 and Rs 11,39,200.

With GST 2.0 offering relief on mid-size SUVs, the automakers are already leveraging the revised prices during the ongoing festive season. Over and above the GST price cuts, they are also providing additional benefits to enhance the volumes.