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(08/09/2025 18:02)

TVS Motor to Pass on Full GST Rate Cut Benefit to Customers

TVS Motor Company (TVSM) has announced that it will fully pass on the benefit of the recent GST rate reduction to customers across its internal combustion engine (ICE) portfolio. Following the GST Council’s decision to reduce tax rates on ICE vehicles from 28% to 18%, buyers will enjoy substantial savings on TVS products starting September 22, 2025.

Electric vehicles will remain taxed at the concessional 5% GST rate and are unaffected by this change.

Commenting on the development, KN Radhakrishnan, Director & CEO, TVS Motor Company, said:

“The GST rate rationalisation is a bold, progressive reform that will boost consumption and enhance affordability. We thank the Government of India for this visionary step, which strengthens the middle class and supports the Hon’ble Prime Minister’s vision of Viksit Bharat 2047. TVS Motor is committed to passing on the entire benefit of the rate cut to customers across our ICE portfolio, while continuing to provide trusted, reliable mobility solutions with an unmatched user experience.”

The company also plans extensive communication initiatives to inform customers of the benefits of the GST reduction, reaffirming its commitment to accessible mobility and contributing to the nation’s growth vision.