Home News Suzuki two-wheelers leverages GST by passing on the benefits to customers

Suzuki two-wheelers leverages GST by passing on the benefits to customers

Suzuki Motorcycle India Private Limited (SMIPL), a subsidiary of one of the world’s leading two-wheeler manufacturers, Suzuki Motor Corporation, Japan welcomes the revolutionary new GST tax reform and has decided to pass on the benefits of the reform to its customers. A unified Indian market will be beneficial for the automobile sector as it would have a levelling impact. There will be less price variations across the nation. Under the GST, consumer and premium segment vehicles will witness a 2 per cent decrease in taxes and Suzuki is very pleased to pass this benefit onto its customers in the form of reduced prices. Suzuki vehicles which fall under the 28 per cent tax slab will see a reduction in price. The company products will now be accessible to more Indians.

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Last updated: March 20, 2024
by and Alex Morrell is a senior correspondent at Business Insider covering Wall Street at large.

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