GST: Maruti cuts prices of select vehicles

Automaker Maruti Suzuki on Saturday reportedly announced a price cut on select vehicles by up to 3% to pass on GST benefit to customers. Maruti Suzuki India issued a statement saying it has transmitted the entire benefit of GST rates on vehicles to its buyers. MSI reportedly said, “The ex-showroom prices of Maruti Suzuki models have come down by up to 3 per cent. The rate of reduction varies across locations depending on VAT rates applicable prior to GST.”

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