Mahindra cuts SUV prices with revised GST rates ; Thar, Scorpio, XUV700 cheaper by up to Rs 1.56 lakh As a reduction in GST , M&M's popular models like the Thar, Scorpio, Bolero, XUV700 , and Scorpio ... Prices of all Mahindra cars, except for the fully-electric models, have come down after the new tax rates were announced earlier last week. Mahindra & Mahindra has rolled out a sharp price cut on the XUV700 and other Sport Utility Vehicle (SUV) models, offering buyers the advantage of the new goods and services tax ( GST ) slabs well ahead of the revised rates taking effect from Sept. 22. As the tax on full-sized SUVs falls from 48% to 40% under the revised GST structure, customers will be able to save amounts ranging from Rs 88,900 to Rs 1.43 lakh on various Mahindra cars. The Mahindra XUV700 , one of India’s most popular premium SUVs, has seen a significant price adjustment following the latest Goods and Services Tax ( GST ) revision. With the GST on SUVs updated, Mahindra has passed on the benefits to customers by reducing prices across its range. This move makes the XUV700 even more competitive in the premium SUV segment and provides relief to buyers looking for high-performance, feature-packed SUVs. In this blog, we provide a complete breakdown of GST ...
