Tata Motors slashes prices of its commercial vehicles post GST; passes benefits to its customers

Commenting on the price reduction, Mr. Girish Wagh, Head of Commercial Vehicle Business Unit, Tata Motorssaid, “We whole-heartedly welcome the initiative by the Union Government for introducing GST thereby bringing in one uniform tax across the country. This will bring about significant gains to the country’s economy and advantages for the stakeholders, while enhancing the ease of doing business. Following the roll out of GST, we have decided to pass on the entire benefit to our customers in the ex-showroom prices. We are offering a price reduction in commercial vehicles (cargo) in the range of 0.3% to 4.21% and in commercial vehicles (passenger transportation) in the range of 0.6% to 8.2%. 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.”