Bajaj Auto said on Thursday that in order to help customers avail the GST benefit, its Austrian arm KTM has slashed the prices of bikes in India by up to Rs 8,600. Ex-showroom prices of the sub 350cc KTM range including the 200 Duke, RC 200 and 250 Duke have been reduced by up to Rs 8,600 post-GST, Bajaj Auto said in a statement.
Owing to an additional cess on over 350 cc motorcycles the reduction on ex-showroom prices of the 390 Duke and the RC390 is up to Rs 5,900, it added.
The company said the rate of reduction varies across locations depending on the VAT rates applicable prior to GST. Already two-wheeler makers, TVS Motor Company, HondaMotorcycle & Scooter India, Hero MotoCorp, Bajaj Auto, RoyalEnfield, Yamaha and Suzuki Motorcycle, have cut prices.
With PTI inputs