The major GST beneficiary is the Royal Enfield Bullet Electra that receives a price cut of Rs 2,211.
Welcoming the GST (Good and Service Tax) taxation system, Royal Enfield begun passing on benefits to its customers from 17th June 2017. Now, the company has revealed the new GST prices of its entire model lineup. However, the bikemaker has only announced the Chennai on-road prices of its motorcycles. Following the GST tax rates, the RE bikes with an engine displacement below 350cc have witnessed marginal price reduction and models with a displacement of over 350cc get pricier.
Under the new taxation system, the two-wheelers below 350cc are now charged with a rate of 28%, which is 2% less than the previous rate (30%). On the other hand, the bikes with an engine capacity of above 350cc have attracted an additional cess of 3%, over the 28% GST. Therefore, after GST the Royal Enfield 350 motorcycles that come with an engine capacity of 346cc get more affordable. With a 411cc engine, the Royal Enfield Himalayan attracts more tax thus making costlier after the GST.
Royal Enfield Motorcycles GST Prices in Chennai (on-road)
|Model||Pre GST Price||Post GST Price||Difference In Price|
|Classic Desert Strom||1,97,173||1,98,808||1,635|
Major GST beneficiary is the Royal Enfield Bullet Electra that receives a price cut of Rs 2,211. The bike is now available at Rs 1,41,670 (on-road Chennai). The company’s top-selling RE Classic 350 and Thunderbird 350 have witnessed a price cut of Rs 2,015 and Rs 2,165 respectively. Now, the former costs Rs 1,50,882 and the latter one is priced at Rs 1,62,431 (all, on-road Chennai). The price of the Royal Enfield Himalayan has been increased by Rs 2,717 to Rs 1,84,154 (on-road Chennai). Royal Enfield will soon revealed the GST prices of its motorcycles across the country.