The government has recently approved new GST slabs, which will be effective from September 22.
With this change, the GST on vehicles and motorcycles has been reduced, leading to a drop in prices.
This includes the popular Royal Enfield Meteor 350, one of the company’s best-selling motorcycles.
Earlier, we shared the updated prices of models like the Classic 350, Hunter 350, and Hero Splendor.
Today, let’s take a look at the new prices of the Meteor 350.
Price Reduced by 8.2%
The Royal Enfield Meteor 350 comes in four variants – Fireball, Stellar, Aurora, and Supernova. All of them have received a price cut of 8.2%.
Here are the updated prices:
Meteor Fireball – Earlier priced at ₹2,08,270, now costs ₹1,91,233 (₹17,037 cheaper).
Meteor Stellar – Earlier priced at ₹2,18,415, now costs ₹2,00,550 (₹17,865 cheaper).
Meteor Aurora – Earlier priced at ₹2,22,430, now costs ₹2,04,234 (₹18,196 cheaper).
Meteor Supernova – Earlier priced at ₹2,32,545, now costs ₹2,13,521 (₹19,024 cheaper).
Why Did Prices Drop?
The government has reduced the GST on motorcycles with engines up to 350cc.
Previously, these bikes attracted 28% GST plus 1% cess. Under the new rules, they now fall under the 18% GST slab.
This move is aimed at:
Providing relief to buyers.
Supporting the automobile sector.
Encouraging more people to purchase motorcycles and vehicles.
In short, the Royal Enfield Meteor 350 is now more affordable, with savings of up to ₹19,000 depending on the variant.
