Renault India has announced that it will pass on the benefits of GST rates on its its entire model range to the customers. With this, customers will stand to benefit upto 7%. The price change will vary depending on the state, model and the variant purchased, basis the tax rates applicable prior to GST.
Prices have been reduced for KWID Climber AMT between INR 5,200 to 29,500, for Duster RXZ AWD between INR 30,400 to 1,04,700 and Lodgy Stepway RXZ (7S) between INR 25,700 to 88,600.
Sumit Sawhney, Country CEO and Managing Director, Renault India Operations, said, “The roll out of the Goods and Services Tax from July 1, is one of the biggest achievements of the Government, facilitating a ‘one nation-one tax’ system, aimed at fostering a congenial business environment. While there may be a short-term disruption as the whole system adapts to this economic transformation, but in the long term it will be very positive for the economy and corporate India. Reflecting our customer-first approach, we have decided to pass on GST benefits to our customers, further enhancing the value proposition of our products.”