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GST Impact: Tata Motors slashes CV prices

GST Impact: Tata Motors slashes CV pricesMumbai, July 6 (IANS) Automobile major Tata Motors on Thursday said it has slashed prices of its commercial vehicles post the introduction of the GST.

According to the company, it has reduced prices of its commercial vehicles (cargo) in the range of 0.3 per cent to 4.21 per cent and in commercial vehicles (passenger transportation) in the range of 0.6 per cent to 8.2 per cent.

"Following the roll-out of GST, we have decided to pass on the entire benefit to our customers in the ex-showroom prices," said Girish Wagh, Head of Commercial Vehicle Business Unit, Tata Motors.

 

"We are confident that the post-GST price reduction will enable the customers to bring down their cost of operations and in turn, boost demand."

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

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GST Impact: Tata Motors slashes CV prices

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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.