LOADING...
Summarize
Hyundai cars get cheaper by ₹2.4L after GST reforms
The price reduction comes just in time for the festive season

Hyundai cars get cheaper by ₹2.4L after GST reforms

Sep 07, 2025
03:24 pm

What's the story

Hyundai Motor India has announced major price cuts on its passenger vehicles, effective September 22, 2025. The company will be passing on the benefits of the recent Goods and Services Tax (GST) reforms to customers. The price reductions will make Hyundai cars and SUVs more affordable by as much as ₹2.4 lakh, just in time for the festive season.

Company statement

Hyundai welcomes the government's decision

Unsoo Kim, Managing Director of Hyundai Motor India, welcomed the government's decision to cut GST on passenger vehicles. He said that this reform is not only a boost to the automotive industry but also a major step toward making personal mobility more affordable and accessible for millions of customers. Kim added that Hyundai remains committed to India's growth ambitions by ensuring its cars and SUVs continue to deliver value, innovation, and joy of driving.

Tax implications

GST on small cars reduced to 18%

The GST on small cars has been reduced from 28% to 18%. A small car is defined as a vehicle less than four meters long with engines smaller than 1,200cc (petrol) or 1,500cc (diesel). However, larger cars over four meters long and with engines larger than 1.2-liter (petrol) or 1.5-liter (diesel) will now attract a higher GST of 40% without any additional cess like before.

Price cuts

Price cuts will vary depending on the model

Hyundai's price cuts range from ₹60,640 to ₹2.4 lakh, depending on the model. The Grand i10 NIOS will be cheaper by ₹73,808, while the AURA and VERNA will see a reduction of up to ₹78,465 and ₹60,640, respectively. In the SUV segment, the EXTER's price will drop by up to ₹89,209, while VENUE and VENUE N Line prices will be cut between ₹1.19 lakh and ₹1.23 lakh.