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 2,2020

Bengaluru, Mar 2: Karnataka Minister BC Patil on Monday repeated his earlier statements that he will approach the Centre to bring a law to "shoot at sight" anyone who raises anti-India slogans.

"I am not going back on my statement as I have not said anything wrong. I had said that I will ask the central government to bring a law to shoot at sight those who shout slogans against India. Nowadays it has become a fashion for some youths to get popularity this way which spoils the country and patriotism," Patil told reporters here.

"There is nothing wrong in asking for a law. I have not said that I will myself shoot someone who shouts slogans against India. If the same thing happens in Pakistan, they will be beheaded. But we are not so brutal, we book a case and send them to judicial custody," he added.

Patil also said that there was no need for holding discussions over the amended Citizenship Act, but added that the ruling BJP will defend it if the opposition raises a stir in the state Assembly.

The budget session of the Karnataka Assembly began on Monday.

Comments

Fairman
 - 
Monday, 2 Mar 2020

He deserves his own recommendation.

Because his statement anti Indians.

 

God bless them wisdom these loose chaddies

Abdul Gaffar Bolar
 - 
Monday, 2 Mar 2020

What if BC patil raises anti-india slogan

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May 29,2020

Bengaluru, May 29: The Karnataka government has requested the Civil Aviation Ministry to reduce the number of flights, emanating from Maharashtra, Tamil Nadu, Gujarat, Madhya Pradesh and Rajasthan to the state in view of the high number of Covid-19 Cases prevalent there.

In a clarification issued to the Media this evening, the Minister for Law and Parliamentary Affairs Mr J C Madhuswamy has said that Karnataka has not sought for imposing a ban on flights emanating from these places, as reported in some sections of the Media.

Karnataka has appealed to the Civil Aviation Ministry to take steps to lessen the air traffic to the State, with the sacred intention that there may not be adequate quarantine facilities if there is huge turnout at a short period, he added.

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News Network
May 12,2020

Dubai, May 12: Free tickets are being offered by philanthropists and businessmen based in the UAE for deserving Indians who want to fly home.

Repatriation ticket prices have been set at around Dh700 to Dh750 per person depending on the destination. But there are many in UAE who cannot afford it, especially people who have lost their jobs or have medical concerns.

Malayalam Communications Ltd and its Malayalam stations (Kairali TV & Kairali News) are giving away 1,000 tickets free. Those who wish to apply can submit their application to [email protected].

Indian businessman Dhananjay Datar, chairman & managing director of Al Adil Trading Company, is also giving away 300 tickets. He is liasing with the Consulate General of India (CGI) for the names. “This is the time we need to rise as a community,” he said.

Besides taking care of airfares, Datar will also bear the cost of COVID-19 testing fees for Indians from the UAE.

“The repatriation efforts undertaken by the government of India is one of the largest initiatives. I am just doing a small bit to help the community. There are many people who are not in a position to meet the airfare and COVID testing costs as they have lost jobs. I will be coordinating with authorised entities handing this to lend my support,” he said.

Pravasi India Forum, a welfare organisation in UAE, is giving away 100 tickets. The NGO on Monday, May 11, uploaded a registration form where people can provide their details. “Tickets will be given to those approved by CGI and for those who are in financial distress,” said Abulaise, president of Pravasi Welfare Forum.

Punnakan Mohammed Ali, general secretary Incas UAE committee, said it is also ready to give away hundreds of free tickets but only to genuine candidates. “We will evaluate each individual and only if they are approved by the consulate, we will give the tickets. But we are ready to help.”

Those who want to register can get more details on www.pravasiwelfareforum.com.They can also call 055-1025611.

Need for more flights

The gesture notwithstanding, many Indians are still waiting to get news on their repatration.

Social worker Shukoorali Kallangal, President, Abu Dhabi Kerala Muslim Cultural Centre (KMCC), urged the government of India to add more flights to accommodate more passengers.

“Emergency repatriation services are the need of the hour. There are several expats with medical, financial distress. For those who came with the hope of a job – that too is a thing of the past now. Right now all they want is to go home and start something afresh there.”

Kallangal said: “Take the case of pregnant women. In many cases, their husbands have lost jobs or have been asked to go on unpaid leave. They are living hand to mouth and cannot afford medical costs. Due consideration should be given to them.”

Sreedharan Prasad, another social worker based in Ras Al Khaimah, said he is currently dealing with several emergency medical cases.

Consul General of India Vipul said plans are afoot to add more flights in the next phase of Indian repatriation. “The number of flights are being decided by India in consultation with state governments. This is not a normal situation we all are in. We are in the middle of a pandemic situation.”

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