TVS Motor Company (TVSM) has announced that it will pass on the full benefit of the recent Goods and Services Tax (GST) rate reduction to customers across its internal combustion engine (ICE) vehicle portfolio. Following the GST Council’s reform, the tax on ICE vehicles has been reduced from 28% to 18%, enabling significant savings for buyers.
Electric vehicles remain unaffected and continue to enjoy the concessional 5% GST rate. The benefits for ICE vehicle customers will take effect from September 22, 2025.
KN Radhakrishnan, Director & CEO of TVS Motor Company, said,
“The GST rate rationalization is a bold and transformative move that will accelerate consumption across society. We sincerely thank the Government of India for these progressive reforms. By passing on the full benefit to our customers, we aim to make our ICE products more accessible and continue providing trusted, reliable, and superior mobility solutions.”
TVS Motor Company plans to conduct extensive communication campaigns to ensure that customers are fully aware of the cost advantages resulting from the GST reduction.
The company reaffirmed its commitment to offering a wide range of mobility solutions while contributing to India’s vision of Viksit Bharat 2047.
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