Jaguar Land Rover (JLR), a unit of Tata Motors, has reduced the price of its selected models to 10.9 lakh rupees. This deduction has been done with immediate effect.
The company has taken this step to give consumers the benefit of new tax rates under the Goods and Services Tax (GST) system. GST is likely to be implemented from July 1.
JLR India said in the statement that in GST, there will be a reduction of 12% on the state-wise basis in different models of the state. The company said that according to this, benefits associated with price reduction will be given to the customers. This reduction will be on selected models.
The company said that the state-run state will be different in this profit. The price of Jaguar XE sedan will be cut by Rs. 2 lakh to Rs. 5.7 lakh, while Jaguar XJ prices will be cut by Rs. 4 lakh to Rs. 10.9 lakh.
The company said that the prices of Land Rover models Discovery Sport and Range Rover Evocus will be reduced from 3.3 to 7.5 lakh rupees. At present, these models cost Rs. 37.25 lakh to 1.02 crore in the Delhi showroom.