Tata Motors’ subsidiary — Jaguar Land Rover (JLR) has trimmed prices of select models by up to Rs 10.9 lakh from immediate effect to pass on benefits of new tax rates under GST expected to be rolled out in July.
The estimated price reduction post GST, in case it comes into effect from July 1, 2017 onwards, will be up to 12 per cent and will vary from state to state on a model-wise basis. Consequently, such price reduction linked benefits will be passed onto the customers with immediate effect on select stock of vehicles.
The benefits will vary from state to state and will be in the range of Rs 2 lakh to Rs 5.7 lakh on Jaguar XE sedan and Rs 4 lakh to Rs 10.9 lakh on Jaguar XJ. On Land Rover models – Discovery Sport and Range Rover Evoque, the benefits will vary from Rs 3.3 lakh to Rs 7.5 lakh. These models are currently priced between Rs 37.25 lakh and Rs 1.02 crore (ex-showroom Delhi).