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Prices of luxury cars go down due to GST rollout

The prices of luxury cars are reportedly set to go down after the rollout of Goods and Services Tax. According to reports, Mercedes-Benz India has announced that the prices of all its ‘Made in India’ cars would be slashed by 4%. Notably, BMW has cut the interest rates for a limited period, while Jaguar Land Rover has reduced the prices of 3 of its models.  

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