TVS Motor Company has decided to pass the full benefit of GST rate reduction to its customers, following the recent reforms introduced by the GST Council. The 56th GST Council reduced the rate of Goods and Services Tax (GST) on ICE vehicles from 28% to 18%. The company’s best-selling motorcycle models include TVS Apache, TVS Ronin, TVS Raider, and TVS Sport. In the scooter segment, it is well-known for TVS Ntorq, TVS Jupiter, and TVS Zest.

TVS will offer significant savings on its products starting September 22 when the new GST reforms come into place.

Since the GST rate on electric vehicles continue to remain the same, there would be no change in prices of TVS iQube, TVS Orbiter, and TVS X.

Check new prices of all TVS products:

Model Old Price Expected New Price Approximate savings
Apache RR 310 Rs 2,77,999 Rs 2,56280 Rs 21,718
Apache RTR 310 Rs 2,39,990 Rs 2,21,240 Rs 18,749
TVS Ronin Rs 1,35,000 Rs 1,24,453 Rs 10,546
TVS Raider Rs 87,625 Rs 80,779 Rs 6,845
TVS Radeon Rs 59,880 Rs 55,201 Rs 4,678
TVS StaR City+ Rs 77,441 Rs 71,390 Rs 6,050
TVS Sport Rs 70,773 Rs 65,243 Rs 5,529
TVS Ntorq 150 Rs 1,19,000 Rs 1,09,703 Rs 9,297
TVS Ntorq 125 Rs 88,142 Rs 81,255 Rs 6,886
TVS Jupiter Rs 78,881 Rs 72,718 Rs 6,162
TVS Jupiter 125 Rs 82, 395 Rs 75,958 Rs 6,437
TVS Zest 110 Rs 76, 891 Rs 70,884 Rs 6,007

“We will pass on the full benefit of GST rate reduction to customers across our ICE portfolio. TVS Motor remains committed to providing mobility solutions that are trusted, reliable and provide unparalleled user experience,” KN Radhakrishnan, Director & CEO of the company said.


(All figures are based on approximate calculations, and these do not depict the final price of the products.)

Add ET Logo as a Reliable and Trusted News Source