Maruti Alto K10: Before the holiday season starts, there is fantastic news for automobile purchasers. A well-liked and reasonably priced vehicle like the Maruti Alto K10 is now even less expensive. Since the national government just changed the GST, the price of this car has significantly decreased. This ruling, which went into effect on September 22, has been quite advantageous, particularly for those who purchase cars with modest engines.
The effects of the new GST rule
The tax on some car models has been lowered by the government. Previously subject to 28% GST, cars smaller than 4 meters and those with gasoline engines under 1200cc and diesel engines under 1500cc will now only be subject to 18% GST. The price of the Maruti Alto K10 has significantly decreased because it fits into this category. In addition, the previous 22% supplementary cess has been eliminated, and cars with larger engines will now be subject to 40% GST. Overall, since there is less tax on cars now, their prices will decrease.
The Maruti Alto K10’s new price
The vehicle industry is showing renewed vigor following the GST drop. Numerous automakers praised this ruling and declared that their automobile prices would be lowered. According to R.C. Bhargava, chairman of Maruti Suzuki, the company’s best-selling vehicles will now be even more affordable.
According to him, the Maruti Alto K10’s pricing can be lowered by roughly ₹40,000 to ₹50,000. Furthermore, the price of WagonR may be lowered by ₹60,000 to ₹67,000. During the holiday season, this shift will present a significant opportunity for car buyers.
Why is this choice advantageous
The Maruti Alto K10 has long been renowned for its simple driving and higher mileage. Now that the price has been further reduced, it is an even more appealing and reasonably priced choice. For those purchasing compact cars, now is seen to be the best moment.
Also Read
Disclaimer: The sole purpose of this article is to provide news and information. Maruti Alto K10 and other vehicle prices and tax rates are subject to vary over time.
Facebook Comments