TVS to pass on full benefits of GST rate cut to customers from Sep 22

Chennai, Sept. 8 -- Two and three-wheeler makers TVS Motor Company (TVSM) today announcedthat it will pass on the full benefit of GST rate reduction to customers across its ICE portfolio fromSeptember 22, following the recent reforms introduced by the GST Council.

With the Council reducing GST rates on ICE vehicles from 28% to 18%, there will be significant savingson our products, a company statement said.

This landmark decision by the government appreciably enhances the accessibility of our ICE products.

Electric vehicles remain unaffected and continue to enjoy the concessional rate of 5% GST.

The benefits will be available to customers starting September 22, 2025.

Company Director and CEO KN Radhakrishnan said: "The GST rate rational...