KTM 390 & Triumph 400 Prices Not Hiked - Here's Why
Automobiles
- 7 month, 23 days ago
The Indian government recently raised the Goods and Services Tax on motorcycles above 350cc to 40 percent. This change created concerns among riders and manufacturers alike, as the move was expected to push up ex-showroom prices for popular models across the market.Bajaj Auto, however, has announced that it will not be increasing prices for the made in India KTM 390 and Triumph 400 lineups of motorcycles. The company confirmed that it will absorb the impact of the revised GST structure instead of passing it on to customers. This step keeps prices steady despite the higher tax rate.
