India, Sept. 6 -- After Tata Motors, Renault India also on Saturday announced extending GST reform benefits to customers, reducing prices of its cars by up to Rs.96,395. The revised prices will apply to all deliveries made on or after September 22, the same date of implementation of the new GST rates.
GST council earlier this week, announced the new reforms limiting GST slabs to five per cent and 18 per cent. Under the reforms, petrol, LPG, and CNG vehicles with engine capacities under 1,200 cc and lengths not exceeding 4,000 mm, as well as diesel vehicles with engines up to 1,500 cc and the same length limit, will now fall under the 18 per cent tax rate, which was at 28 per cent earlier.
The company said that the new pricing will be ef...
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