Key highlights
- GST 2.0 rates announced by BMW
- BMW X7 witnesses the highest price cut of Rs 9 lakh
- Complete range of models undergo price cuts
BMW India has announced the new price list for its product range. The new prices come after the new GST 2.0 slabs were recently announced. Read more below.
Also read: Hyundai announces price cut of up to Rs 2.4 lakh
GST 2.0 BMW India price list
The recent relaxation for the auto industry landed in terms of the newly revised GST slabs. The earlier rates of 28% GST plus cess tax used to take the ex-showroom taxes up to 50% on the luxury vehicles. Now, the new cap of 40% means the luxury cars are undergoing hefty price cuts.
The new GST rates are bound to come into effect from September 22. Ahead of it, BMW India has announced that it will pass on the complete benefits of the newly revised rates to its customers. The company has also released the list of new prices for its model range.
The new BMW cars will witness hefty price cuts as below:
Model | GST 2.0 price difference |
2 Series Gran Coupe | Rs 1.60 lakh |
3 Series LWB | Rs 3.40 lakh |
5 Series LWB | Rs 4.10 lakh |
X1 | Rs 1.80 lakh |
X5 | Rs 6.30 lakh |
X7 | Rs 9 lakh |
Please note: The above-mentioned prices can vary depending on the variants chosen.