Key highlights
- Jeep India announces new GST 2.0 prices
- Maximum cut of Rs 4.84 lakh on Wrangler
- New prices to go live from September 22
Jeep India has announced the new rate list of its products, which has undergone massive cuts due to the newly revised GST slabs. Read more below.
Also read: JLR India passes on full GST benefits, price cuts up to INR 30 lakh
GST 2.0 price list of Jeep cars
The new price drop of Jeep SUVs is now up to Rs 4.84 lakh, which is a considerable price cut for customers. Jeep has announced massive price cuts on all of its SUVs as the brand has passed the relaxed GST benefits to customers. The new prices are as follows:
Model | GST 2.0 price difference (up to) |
Compass | Rs 2.16 lakh |
Meridian | Rs 2.47 lakh |
Wrangler | Rs 4.84 lakh |
Grand Cherokee | Rs 4.50 lakh |
*All of the above prices are variable depending on the variants and powertrain.
Speaking of the new GST rates revision for the auto industry, cars above 1,500cc and more than 4 meters in length are now capped at 40% taxation. Earlier, these cars were subjected to GST+Cess, which usually led to 50% taxes. The new tax rates have significantly dropped the prices of big SUVs and luxury cars, including the Jeep India lineup.
Meanwhile, cars below 4 meters in length and 1,200cc (petrol) or 1,500cc (diesel) are now capped at 18% GST, which was earlier up to 29% (for diesel) and 28% (for petrol).