Post September Car Cess Increase are passing on the burden to the customers. Jeep Compass and Hyundai Verna is affected the most as the hot new product could see a minor setback
After endless hassle and relentless pressure from the manufacturer and customers alike, the GST council has seen a middle ground approach to make sure it meets its demand of taking more money from the auto industry. A full blown 15% increase has been divided into three parts and now reaches 14% as there are three tax slabs where mid size cars, SUV’s and luxury cars get all the impact separately. The 2% cess on mid size, 5% on luxury cars and 7% cess on SUV’s have made sure there is a bit of relief from the massive blow we were all expecting. All of this has resulted in price increase as the manufacturer have absorbed nothing and passed it on to the customer. WE have a list from some manufacturer, take a look below. We will update this list as we get more information.
Hyundai Price Range (Rs.)
Elite i20 (1.4 L Petrol AT only) Rs.12,547
NEXT GEN VERNA Rs. Upto 29,090
CRETA Rs. 20,900 – 55,375
ELANTRA Rs.50,312 – 75,991
TUCSON Rs. 64,828 – 84,867
Ex-Showroom -Delhi
FCA Price Range
FIAT price increase: Rs. 9,000 to Rs. 14,000
Jeep Compass price increase: Rs. 21,000 to Rs. 72,000
Jeep CBU price increase: Rs. 275,000 to Rs. 640,000
Following the ordinance on GST amendment, Toyota has revised the price of their products in line with the cess hike which may nearly reflect the prices in the pre-GST scenario. The approximate price increase in Delhi for Innova Crysta will be upto Rs. 78,000/-, New Fortuner prices are raised upto Rs. 1,60,000/-, New Corolla Altis will witness a price rise of upto Rs. 72,000/- & Platinum Etios sedan price will increase upto Rs. 13,000/-
Read this too: Ciaz Hybrid and Ertiga Hybrid are out of the mess of GST. Find out how!
