What’s inside:
This article provides details about the new GST rates on small cars, including price reductions for popular models like Maruti Swift and Wagon R.
The Indian government is set to implement a new Goods and Services Tax (GST) structure from September 22, 2025. This new structure will have only two GST slabs: 5% and 18%.
Under the new GST rules, the rate on small cars will drop from 28% to 18%. This change is expected to significantly lower the prices of these vehicles.
For example, the price of the Maruti Swift, which currently starts at ₹6.49 lakh, is expected to drop by up to ₹1 lakh after the GST reduction. Other models, such as the Maruti Wagon R and Dzire, will also see considerable price cuts.
Here are some expected price changes: Maruti Alto will drop from ₹4.23 lakh to around ₹3.87 lakh; Maruti S-Presso will fall from ₹4.27 lakh to approximately ₹3.90 lakh; and Maruti Dzire will go from ₹6.84 lakh to about ₹6.26 lakh.
As of now, Maruti Suzuki has not officially announced these price changes. Customers can look forward to updated prices after the new GST rates take effect.
Summary:
- A new GST structure will be effective from September 22, 2025.
- The GST rate on small cars will reduce from 28% to 18%.
- The Maruti Swift could be cheaper by up to ₹1 lakh.
- Other models like Wagon R and Dzire will also see significant price cuts.
- No official confirmation on prices has been made by Maruti Suzuki yet.