SUV prices drop: Hyundai Creta, Tata Harrier, Toyota Fortuner cheaper by up to Rs 3.49 lakh

The government recently announced major Goods and Service Tax (GST) reforms, bringing only two major slabs of 5% and 18%. There is another slab of 40% for luxury and sin goods.

A result of the rejig is that automobiles, which were earlier taxed at 28% with additional compensational cess ranging from 1% to 22%, are now placed in either 18% or 40% without any cess.

Under the new rates, small cars will be taxed 18% (petrol/LPG/CNG under 1,200 cc and sub-4-metre length; diesel up to 1,500 cc) and 40% for larger or luxury vehicles, replacing the prior 28% plus cess tax bracket.


Following the new policy, several major automakers including Tata, Hyundai, Honda, Skoda, Mahindra and Toyota have announced significant price cuts, extending the benefits of the reforms to their customers.

Here are some of the major SUVs that will be cheaper starting September 22.

Tata Motors

Nexon: Up to Rs 1.55 lakh off
Safari: Rs 1.45 lakh off
Harrier: Rs 1.40 lakh off
Punch: Rs 85,000 off
Curvv: Rs 65,000 off

Mahindra and Mahindra

Bolero/Neo: Up to Rs 1.27 lakh off
XUV3XO Petrol: Rs 1.40 lakh off; Diesel: Rs 1.56 lakh off
Thar 2WD: Rs 1.35 lakh off;
Thar 4WD: Rs 1.01 lakh off
Scorpio Classic: Rs 1.01 lakh off
Scorpio-N: Rs 1.45 lakh off
Thar Roxx: Rs 1.33 lakh off
XUV 700: Rs 1.43 lakh off

Toyota

Fortuner: Up to Rs 3.49 lakh off
Legender: Up to Rs 3.34 lakh off
Hyryder: Up to Rs 1.1 lakh off

Hyundai

Venue: Up to Rs 1,23 lakh off
Venue N-Line: Rs 1.19 lakh off
Creta: Rs 72,000 off
Creta N Line: Rs 71,000 off
Alcaraz: Rs 75,000 off
Tucson: Rs 2.40 off

Honda

Elevate: Up to Rs 58,000 off

JSW MG Motor

Astor: Up to Rs 54,000 off
Hector: 1.49 lakh off
Gloster: Rs 3.04 lakh off

Kia

Syros: Up to Rs 1.86 lakh off
Sonet: Rs 1.64 lakh off
Seltos: Rs 75,000 off
Carens: Rs 48,000
Carens Clavis: Rs 78,000 off

Skoda

Kodiaq: Up to Rs 3.3 lakh off
Kushaq: Rs 66,000 off
Kylaq: Rs 1.19 lakh off