New Delhi, Sept. 6 -- In a strategic move to set itself apart from the rest of the auto industry, Mahindra Group has started offering Goods and Services Tax (GST) rate cut benefits on its SUVs, two weeks before the Council's new tax rates officially kick in.
Earlier this week, the 56th meeting of the GST Council slashed rates on Small Cars, Motorcycles equal to or less than 350cc. The new rates will be effective from September 22. However, Mahindra Group wanted to tap the opportunity as an early starter and announced the rate cut effective from today.
Mahindra Group said in a statement today "Mahindra & Mahindra (M&M), India's leading SUV manufacturer today announced that it will pass on the full GST benefits to customers across its entir...