
Monthly Update8 Sept 2025, 04:41 pm
TVS Motor Company to Pass on Full GST Rate Reduction Benefit to Customers
AI Summary
TVS Motor Company (TVSM) has announced that it will pass on the full benefit of the recent GST rate reduction to customers across its ICE portfolio. The GST Council reduced GST rates on ICE vehicles from 28% to 18%, resulting in significant savings on TVS products. The benefits will be available starting September 22, 2025. The company commends the Government of India for these progressive reforms, which align with the Prime Minister's vision of Viksit Bharat 2047. TVSM is committed to providing mobility solutions that are trusted, reliable, and provide unparalleled user experience.
Key Highlights
- TVS Motor Company to pass on full GST rate reduction benefit to customers
- GST rates on ICE vehicles reduced from 28% to 18%
- Significant savings on TVS products
- Benefits available from September 22, 2025
- Government's efforts align with the Prime Minister's vision of Viksit Bharat 2047