A result of the Rejig is that cars, which were previously taxed at 28% with extra compensation -cess ranging from 1% to 22%, are now placed in 18% or 40% without any stop.
According to the new rates, small cars are loaded 18% (gasoline/LPG/CNG under 1,200 cc and sub-4 meters in length; diesel up to 1500 cc) and 40% for larger or luxury vehicles, to replace the previous 28% plus cess tax screens.
Following the new policy, several large car manufacturers, including Tata, Hyundai, Honda, Skoda, Mahindra and Toyota, have announced considerable price reductions, extending the benefits of reforms to their customers.
Here are some of the most important SUVs that will be cheaper from September 22.
Tata Motors
Nexon: Up to RS 1.55 Lakh discount
Safari: RS 1.45 Lakh off
Harrier: RS 1.40 Lakh off
Punch: RS 85,000 discount
CURVV: RS 65,000 discount
Mahindra and Mahindra
Bolero/Neo: Up to RS 1.27 Lakh from
XUV3xo petrol: RS 1.40 Lakh out; Diesel: RS 1.56 Lakh off
More than 2WD: RS 1.35 Lakh out;
Thar 4WD: RS 1.01 Lakh off
Scorpion classic: RS 1.01 Lakh off
Scorpio: RS 1.45 Lakh off
Thar Spray: RS 1.33 Lakh off
700: RS 1.43 Lakh off
Toyota
Fortuner: Up to RS 3.49 Lakh from
Legends: Up to RS 3.34 Lakh from
Hyryder: Up to RS 1.1 Lakh from
Hyundai
Location: Up to RS 1.23 Lakh from
Location N-line: RS 1.19 Lakh off
Creta: RS 72,000 discount
Creta n line: RS 71,000 ofF
Alcaraz: RS 75,000 discount
Tucson: RS 2.40 discount
Honda
Elevate: Up to RS 58,000 discount
JSW MG -MOTOR
Astor: Up to RS 54,000 discount
Hector: 1.49 Lakh off
Gloster: RS 3.04 Lakh off
When
Syros: Up to RS 1.86 Lakh from
Sonet: RS 1.64 Lakh off
Seltos: RS 75,000 discount
Are missing; RS 48,000
Link key: RS 78,000 discount
Skoda
Kodiaq: Up to RS 3.3 Lakh from
Conceive: RS 66,000 discount
Kylaq: RS 1.19 Lakh off
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