TVS Motor to Transfer Full GST Benefits to Customers from September 22

TVS Motor Company (TVSM) has announced that it will transfer the entire benefit of the recent GST rate reduction to customers across its internal combustion engine (ICE) vehicle portfolio.

Following the GST Council’s reforms, the tax rate on ICE vehicles has been slashed from 28% to 18%, translating into substantial savings for buyers.

Enhanced Accessibility and Affordability

This landmark decision by the government significantly improves the affordability of ICE vehicles. TVS Motor highlighted that while electric vehicles remain unaffected and continue to attract a concessional 5% GST rate, the reduced tax on ICE vehicles will make traditional two-wheelers more accessible to a wider customer base.

Rollout from September 22

The company confirmed that the revised prices reflecting GST benefits will be available to customers starting September 22, 2025. To ensure wide awareness, TVS Motor will implement extensive communication measures, keeping customers informed about the cost benefits arising from the tax changes.

Commitment to Growth and Development

TVS Motor reaffirmed its mission to provide diverse and affordable mobility solutions. The company emphasised that this move aligns with its long-term vision of supporting the government’s Viksit Bharat 2047 mission by contributing to enhanced mobility and economic growth.

Commenting on the benefits, KN Radhakrishnan, Director & CEO, TVS Motor Company, stated, “The GST rate rationalisation is a bold and transformative move that will accelerate consumption across society. We sincerely thank the Government of India for these progressive reforms. The Government’s consistent efforts to boost growth and strengthen the middle class’s spending power are vital steps towards realising the Hon’ble Prime Minister’s vision of Viksit Bharat 2047.” 

He further added, “We will pass on the full benefit of GST rate reduction to customers across our ICE portfolio. TVS Motor remains committed to providing mobility solutions that are trusted, reliable and provide unparalleled user experience.”

Also Read: Tata Motors Reduces Car Prices by Up to ₹1.55 Lakh After GST Cut!

TVS Motor Company Share Price Performance

On September 9, 2025, TVS Motor Company share price (NSE: TVSMOTOR) opened at ₹3,591.30, touching the day’s low at ₹3,544.40, as of 1:18 PM on the NSE.

Conclusion

With the GST reduction, TVS Motor is set to make ICE vehicles more affordable, strengthening customer trust and reinforcing its role in India’s journey toward inclusive mobility.

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