Overview
- Tata Motors said it will pass the full reduction in GST on passenger vehicles directly to customers.
- Revised ex-showroom prices will apply from September 22, aligning with the effective date of the new GST rates.
- Model-wise cuts include up to ₹75,000 on Tiago, ₹80,000 on Tigor, ₹1.10 lakh on Altroz, up to ₹85,000 on Punch, up to ₹1.55 lakh on Nexon, up to ₹65,000 on Curvv, ₹1.40 lakh on Harrier, and ₹1.45 lakh on Safari.
- The announcement follows the GST Council’s rate reset that moves smaller cars to 18% GST and applies a 40% rate to larger vehicles, resulting in varied absolute reductions by model.
- Managing director Shailesh Chandra framed the move as improving access for first-time buyers and accelerating a shift to new-age mobility during a key demand window.