Since the GST rate reduction, the automobile market—both four-wheelers and two-wheelers—has seen a big boost.
Many companies are announcing price cuts, which is great news for people planning to buy a new vehicle.
The TVS Ronin, a popular motorcycle among youngsters, has also become cheaper. Equipped with a 225.9cc engine, it now falls under the new GST slab, giving buyers a benefit of up to ₹14,000.
This bike comes in six variants, and all of them have received price cuts.
New Prices of TVS Ronin Variants
Base Variant (Lightning Black)
Old Price: ₹1,35,990 → New Price: ₹1,24,790
Reduction: ₹11,200
Base Variant (Magma Red)
Old Price: ₹1,38,520 → New Price: ₹1,27,090
Reduction: ₹11,430
Mid Variant (Glacier Silver)
Old Price: ₹1,60,510 → New Price: ₹1,47,290
Reduction: ₹13,220
Mid Variant (Charcoal Amber)
Old Price: ₹1,62,010 → New Price: ₹1,48,590
Reduction: ₹13,420
Top Variant (Nimbus Gray)
Old Price: ₹1,73,720 → New Price: ₹1,59,390
Reduction: ₹14,330
Top Variant (Midnight Blue)
Old Price: ₹1,73,720 → New Price: ₹1,59,390
Reduction: ₹14,330
What Changed in GST?
According to the new rules, motorcycles with engines below 350cc will now attract 18% GST.
Earlier, they were charged 28% GST plus 1% cess, which made them more expensive.
These new GST rates will be applicable from September 22.
