If you love Royal Enfield bikes, here’s good news for you! Since the central government changed GST rates, the prices of two-wheelers and four-wheelers have dropped significantly.
Now, Royal Enfield has announced that it will reduce the prices of some of its motorcycles. Let’s look at which bikes will get cheaper and by how much.
Royal Enfield said it will pass the full GST cut benefit to all customers in India. The new GST prices will apply to the Hunter 350, Bullet 350, Classic 350, and Goan Classic 350 models.
Prices Not Disclosed Yet
The company has not revealed the new prices yet but said it will share them once the new GST rates take effect on September 22.
The Indian government has introduced a new GST slab for two-wheelers, reducing the tax rate from 28% to 18% for bikes with engine capacity under 350cc.
Royal Enfield also mentioned that motorcycles with engine capacity above 350cc will become more expensive.
GST on these bikes has increased from 28% to 40%, with an additional 3% cess. This means the prices of Himalayan 450, Guerrilla 450, and the whole 650cc range will rise significantly.
What Royal Enfield’s CEO Said
Yesterday, Royal Enfield CEO B. Govindarajan said the government’s new GST reform will make motorcycles under 350cc more affordable and attract first-time buyers.
He added that Royal Enfield is happy to pass the full GST benefit directly to its customers.
