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  Business   Companies  18 Jul 2017  Eicher cuts truck, bus prices by up to 5 per cent

Eicher cuts truck, bus prices by up to 5 per cent

PTI
Published : Jul 18, 2017, 4:15 pm IST
Updated : Jul 18, 2017, 4:15 pm IST

Other commercial vehicle makers including Tata Motors have already reduced prices following GST roll out.

 The price cut varies model wise and state wise.
  The price cut varies model wise and state wise.

New Delhi: Eicher Trucks and Buses, a part part of VE Commercial Vehicles, has reduced prices by up to 5 per cent in order to pass on the GST benefit to customers.

The company is offering price reductions from 1.5 per cent up to 5 per cent on its range of trucks and buses. The price cut varies model wise and state wise.

 

"The immediate impact (of GST) is some reduction in taxes on an average basis and we have passed on the expected benefits from the new tax regime to the customers," VE Commercial Vehicles Managing Director and CEO Vinod Aggarwal said in a statement.

The reduction in prices ranges from 1.5 per cent to 5 per cent for most of the product categories, he added. Various other commercial vehicle makers including Tata Motors have already reduced prices following GST roll out.

Tags: eicher trucks, price cut, gst, commercial vehicles
Location: India, Delhi, New Delhi