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If you’ve been holding off on buying a new two-wheeler, you might be in for some good news. TVS Motor Company has announced that it’s ready to lower the prices of its bikes and scooters as soon as the government gives the green light on a GST rate cut. This is a big deal for anyone looking to buy a new ride.
For a while now, there's been talk in the auto industry about reducing the GST on two-wheelers from 28% down to 18%. It’s a move that could make motorcycles and scooters significantly more affordable. TVS has confirmed that they won't be holding back; they plan to pass the entire benefit of any tax cut directly to their customers.
So, what does this mean for you? It means popular models like the TVS Jupiter, a favorite for daily commutes, could see a nice price drop. The same goes for their stylish NTORQ 125 and the sporty Apache series, which are big hits with younger riders. Even the Raider 125, which has been a strong seller, is on the list. For those who have their eye on something for the family, like the XL100, or a more budget-friendly option like the Sport, this could be the perfect time to make a purchase.
The company has seen some solid growth lately, with sales in August jumping by 15%, driven by strong demand for models like the Raider 125 and the Apache series. Even their iQube electric scooter is doing well, selling over 23,000 units in a single month.
While the government hasn't made a final decision on the GST cut just yet, TVS’s announcement is a positive sign. It shows they're ready to support their customers and make their vehicles more accessible. So, if a new two-wheeler is on your shopping list, it might be worth keeping a close eye on the news.
