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Stock Report
TVS Motor Company to pass on the full benefit of GST Rate reduction to customers
Posted On : 2025-09-09 10:36:47( TIMEZONE : IST )
TVS Motor Company (TVSM) will pass on the full benefit of GST rate reduction to customers across its ICE portfolio, following the recent reforms introduced by the GST Council. With the Council reducing GST rates on ICE vehicles from 28% to 18%, there will be significant savings on our products.
This landmark decision by the govt, appreciably enhances the accessibility of our ICE products. Electric vehicles remain unaffected and continue to enjoy the concessional rate of 5% GST. The benefits will be available to customers starting September 22, 2025.
Commenting on the benefits, KN Radhakrishnan, Director & CEO, TVS Motor Company, said: "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. We will pass on the 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."
The Company will be undertaking extensive communication measures to apprise customers of the benefits accruing from GST rate reductions.
TVSM reaffirms its commitment to making a wide range of mobility solutions available to customer and contribute to the mission of Viksit Bharat 2047.
Shares of TVS Motor Company Limited was last trading in BSE at Rs. 3590.10 as compared to the previous close of Rs. 3476.95. The total number of shares traded during the day was 44799 in over 7161 trades.
The stock hit an intraday high of Rs. 3603.15 and intraday low of 3477.10. The net turnover during the day was Rs. 159448280.00.
