Cars, SUVs and motorbikes get cheaper as GST kicks in

News Network
July 1, 2017

New Delhi, Jul 1: Prices of popular cars and motorcycles & scooters come down from Saturday as the GST regime kicks in, even though hybrids and bigger bikes with engines above 350cc become dearer.cars 2

The GST rates will bring in tax parity across the country and will lead to a regime of 'one nation, one tax', say auto makers. One of the biggest benefit will be flowing in for people living in Mumbai where the Octroi will be subsumed in the new GST rate.

While companies will be announcing the new prices from Saturday, some will keep them a secret going up till Monday as they make changes to their internal software and pricing mechanims to factor in GST, which will also have an impact across the manufacturing and supply value-chain, including parts-providers and margins of dealers.

"There will be no billing from dealerships on Saturday and Sunday and commercial transactions will not be carried out," said Y S Guleria, senior VP, sales & marketing at Honda Motorcylce and Scooter India. "However, bookings will remain open."

Larger SUVs and sedans will see the maximum price cut while smaller cars will also be marginally cheaper. For example, the Mercedes GLS350 SUV will be cheaper by Rs 3 lakh, while Hyundai's popular Creta is expected to see a drop between Rs 40,000 and Rs 60,000.

On the other hand, small car Grand i10 will be cheaper by Rs 3,000 to Rs 14,000, the maximum cut happening in Mumbai for the diesel variant, officials said.

"The final prices are still being worked out, but we have already assured customers that even if they buy in the pre-GST regime, the prices will be protected. Any change in prices, if it works in the customer's favour, will be adequately taken care off," a Hyundai official said.

Maruti officials also said that prices will come down, but said that these are still being worked out. "There are different tax rates across various states currently, and the final calculations are being carried out now. We should be able to come out with the final prices by Saturday," an official said.

Toyota India said that price of the Fortuner SUV will come down by Rs 2.1 lakh on account of lower GST rates. On the other hand, the Innova multi-purpose will be cheaper by Rs 90,000. "We will be passing on the price benefit to the market. However, on the Camry hybrid, the price will go up," N Raja, sales & marketing director at Toyota India, said.

Prices of Hero Moto's bikes and scooters are likely to go down by 5% to factor in the lower duty. Close competitor Honda Motorcycle and Scooter India (HMSI) will also cut prices, with the popular Activa scooter likely to get cheaper by Rs 3,400.

However, bikes over 350cc will become expensive with models from companies such as Royal Enfield, Triumph, Harley-Davidson and Ducati getting dearer.

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News Network
March 23,2020

Bengaluru, Mar 23: Deputy Chief Minister Laxman Savadi cautioned private bus transport services operators, taxis and autorickshaws from exploiting commuters in wake of bus and train services being suspended by the government as precautionary measures to prevent the spread of COVID-19.

In a statement released here on Monday, Transport Minister Savadi said it has come to the notice that private buses, taxis and autorickshaws were misusing the opportunity and exploiting commuters. Inter-district bus services have been suspended in the districts wherein lockdown has been announced to protect the health of people and none should violate the decision of the government, he stated.

Transport and Police Department officials have been asked to taken action against those violating norms and exploiting commuters. Service providers for their profit cannot risk with the health of the people and repeated cases if come to the fore, they will not be spared, Savadi cautioned.

Government has taken measures to prevent spread of COVID-19. Private transport service providers and people should join hands and cooperate to contain it, he appealed. 

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Agencies
January 22,2020

Ahmedabad/New Delhi, Jan 22: Interpol has issued a Blue Corner Notice seeking information about controversial self-styled godman Nithyananda, who fled the country amid allegations of wrongful confinement of children, officials said on Wednesday.

A Blue Corner Notice is issued by the international police cooperation body to collect additional information from its member countries about a person's identity, location or activities in relation to a crime.

The Gujarat Police had sent a request to the CBI, the nodal body for Interpol matters in India, seeking a Blue Corner Notice against Nithyananda, the officials said.

"Interpol issued the Blue Corner Notice against the controversial godman this month," Deputy Superintendent of Police, Ahmedabad (rural), K T Kamariya, told PTI.

The police said they are now working to get Interpol to issue a Red Corner Notice, a global arrest warrant, against Nithyananda.

The Gujarat Police had registered an FIR against Nithyananda after two girls went missing from his ashram in Ahmedabad.

He was charged with kidnapping and wrongful confinement of children to make them collect donations from followers to run his ashram.

Nithyananda was earlier declared wanted by the Gujarat Police.

While police continue to look for him, reports emerged in December last year that he has created a Hindu nation, Kailaasa, with its own flag and political setup, on an island near Ecuador.

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News Network
May 3,2020

Bengaluru, May 3: Karnataka Government has allowed the movement of migrant workers, pilgrims, tourists, students and other persons who are stranded and also those who want to go to their residence as a "one-time measure" from district to district, after obtaining "one-day, one way" passes issued by concerned authorities.

Consequent to the Ministry of Home Affairs (MHA) new guidelines on lockdown measures, the government of Karnataka issued new guidelines on lockdown measures which will come into effect from May 4 for the period of two weeks.

In an order issued on Saturday, Chief Secretary and Chairman, State Executive Committee, Karnataka State Disaster Management Authority stated, "In the exercise of the powers, conferred under the Disaster Management Act, 2005, the undersigned, in his capacity of Chairman, State Executive Committee, hereby order to permit movement migrant workers, pilgrims, tourists, students and other persons who are stranded and also those people who want to go to their residence as a one-time measure from district to district with one-time one-day one-way passes issued by concerned Deputy Commissioners of the districts/Deputy Commissioner of Police in Commissionerates for strict implementation."

The details of the passes issued shall be shared by the issuing Deputy Commissioners of the districts/ Deputy Commissioner of Police with the receiving Deputy Commissioners of the districts/Deputy Commissioners of Police shall follow the SOPs prescribed by the Ministry of Health and Family Welfare for the movement of such persons, the order read.

It is reiterated that this would be a one-time one-day one-way pass for the individuals to reach their final destination.

Meanwhile, three deaths and 12 new COVID-19 cases were reported in the 24 hours in Karnataka, said the state Health Department on Saturday.

According to the Health Department, the total number of coronavirus positive cases in the State is now 601. 271 patients have either been cured or discharged. The virus has killed 25 people so far in the State.

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