GST Effect: Indian Motorcycle Slashes Prices Of Three Models
Highlights
- Prices for three Indian Motorcycle models have gone down
- The Indian Scout gets a price reduction of 12%
- The Indian Chief Dark Horse and the Vintage get their prices cut by 9%
American cruiser motorcycle manufacturer Indian Motorcycle has reduced prices of three of its models in India by up to Rs. 2.21 lakh after the implementation of a Goods and Service Tax, or GST. The price reduction in the three models - the Indian Scout, Indian Chief Dark Horse and Indian Chief Classic- ranges from between 9 per cent and 12 per cent, Polaris India, which sells the Indian brand in India, said in a statement. Indian sells a total of nine models in India, and GST prices of the other models are yet to be announced.
Models | Pre GST prices | Post GST prices | Percentage decrease |
---|---|---|---|
Indian Scout | Rs. 14.75 lakh | Rs. 12.99 lakh | 12 per cent |
Indian Chief Dark Horse | Rs. 23.4 lakh | Rs. 21.25 lakh | 9 per cent |
Indian Chief Classic | Rs. 24.2 lakh | Rs. 21.99 lakh | 9 per cent |
The new price of the Indian Scout model will be Rs. 12.99 lakh, down from Rs. 14.75 lakh earlier, a reduction of 12 per cent, the company said in a statement. The Indian Chief Dark Horse will now cost Rs. 21.25 lakh, down 9 per cent from Rs. 23.4 lakh before GST. The Indian Chief Classic will cost Rs. 21.99 lakh in the GST era, down 9 per cent from Rs. 24.2 lakh earlier.
The Indian Scout is now available at just Rs. 1 lakh less than the Scout Sixty. Both models look identical and the Scout gets a larger engine and a six-speed transmission. Indian sells nine models in all, and the reduced prices will certainly make these all-American cruisers a little more accessible to fans of the brand. Other motorcycle manufacturers like Hero MotoCorp, Bajaj Auto, Royal Enfield, Yamaha, TVS, Honda and Suzuki have already announced new GST prices of their products.
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