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Effect of GST on Royal Enfield Motorcycle Prices

Effect of GST on Royal Enfield Motorcycle Prices

Published: Thursday, 22 June 2017 0:00 AM | By Maxabout News | 1234 Views
Bajaj Autos recently decreased the prices of its motorcycles in India and now Royal Enfield has also passed the GST benefits to the buyers. RE has announced that the price drop will be applicable for the 350 series motorcycles with immediate effect. The government will implement the GST in India from July 1, 2017. re-classic-350-redditch-edition

RE Classic 350 Gets a Price Cut

According to the new set of taxes, the bikes which are under 350cc, will attract a tax rate of 28 percent instead of 30 percent under the old tax structure. The 350 series Royal Enfield motorcycles are powered by a 346cc engine, which means that Royal Enfield has reduced the price of 5 motorcycles: Classic 350, Bullet 350, Classic 350 Redditch, Bullet 350 ES (Electra) and Thunderbird 350. Royal Enfield has not announced the exact amount for the price cut for these motorcycles but the on-road prices are expected to go down by INR 3000-INR 7000, depending on the model you choose. However, according to GST, the bikes which are above 350cc will attract 3 percent additional cess. This will increase the price of motorcycles which are above 350cc. Royal Enfield will soon announce a price hike for its higher displacement motorcycles like Bullet 500, Classic 500, Thunderbird 500, Himalayan, and the Continental GT. royal-enfield-classic-500

Classic 500 will get a price hike soon

Speaking about the price drop, Rudratej Singh, president of Royal Enfield, said, "We believe that GST will transform the way business is done in India, thus benefitting the economy and our customers. Royal Enfield is pre-emptively extending the GST benefits to its customers and is ready to implement the on-road price revision on purchases beginning June 17, 2017, on products where applicable.” royal-enfield-bullet-500

Bullet 500 will get a price hike soon

List of Bikes (Price Drop)

  • Bullet 350
  • Bullet 350 ES (Electra)
  • Classic 350
  • Classic 350 Redditch
  • Thunderbird 350

List of Bikes (Price Hike)

  • Bullet 500
  • Classic 500
  • Thunderbird 500
  • Himalayan 410
  • Continental GT 535
Related Articles 1) Post-GST Bajaj Bikes Price List 2) Post-GST Renegade Price List 3) Post-GST Yamaha Price List 4) Post-GST Honda Price List 5) Post-GST KTM Price List Frequently Asked Questions About GST 1) What is the meaning of GST? 2) What are the GST Tax Slabs? 3) What are the benefits under GST? 4) What is the Full Form of GST? 5) How GST Works? 6) When will GST be Implemented? 7) What are the Taxes that GST Replaces? 8) What will be the Short-term Impact of GST?

Related Questions and Answers

Most Popular Answers for Royal Enfield
What is the mileage of Royal Enfield Bullet Electra in city?
2023-09-21 11:04:52 AM

The city mileage of Royal Enfield Electra 350 ranges from 25-30 kmpl but on highways, these figures can increase to 35-40 kmpl.

How do Royal Enfield Bullet Electra bikes work?
2023-09-21 10:56:31 AM

The Royal Enfield Bullet Electra E-bike System is powered by a fully integrated battery and provides pedal assistance through three levels of support with a rear hub motor. You can easily monitor battery charge and support level with the LED controller.

Can Royal Enfield Bullet Electra start without battery?
2023-09-21 10:43:44 AM

Yes, Royal Enfield Bullet Electra is equipped with both kick and self-start so in case if the battery gets discharged then you can start your bike through kick start.

Is Royal Enfield Electra good for long rides?
2023-09-21 10:42:03 AM

For long rides, the Royal Enfield Bullet Electra is a great choice. Both riding and pillion seats are more comfortable than that of classic and the bike has good torque and lesser vibrations compared to other RE models in this class.

Which one is better between Honda CB350RS or the Royal Enfield Continental GT 650?
2023-09-19 05:34:53 AM

Both the bikes are good in their own forte. the CB350RS seems like a bit of a missed opportunity from Honda. It could have used the capable foundations of the H’ness to create a more unique motorcycle with a more well-defined identity that would’ve appealed to an entirely new and different audience. Instead, it’s taken this middle-of-the-road approach and created a halfway house that we find hard to recommend to anyone except museum curators. On the other hand, the Continental GT 650 is a fun-to-ride cafe racer. The GT’s sporty riding position makes it much more suitable for twisty mountain roads and even high-speed straight-line blasts. To top things off, the twin-cylinder motor provides the performance and refinement that the 535 simply couldn’t.


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