Bajaj Auto has cut prices of its motorcycles by up to Rs 4,500 with immediate effect. The reduction has been done due to the proposed implementation of goods and services tax (GST) from July 1, 2017. Taxes on motorcycles shall reduce in most states with the implementation of the Goods and Services Tax (GST) from July 1 2017, although benefits vary for each state, and differ across motorcycle models.
Bajaj Auto is world’s fourth largest two and three-wheeler manufacturer. Bajaj Auto has three plants in all, two at Waluj and Chakan in Maharashtra and one plant at Pant Nagar in Uttaranchal.