The implementation of GST (Gods and Services Tax) has led many automobile companies to offer discounts on their products to customers. Motorcycle manufacturer Royal Enfield has now jumped onto the bandwagon and is offering discounts on certain motorcycles to its customers across.
The new GST tax structure states that motorcycles with a cubic capacity of up to 350cc will attract 28 per cent of tax, compared to the 30 per cent earlier. The Royal Enfield models that fall under this category are Classic 350, Bullet 350 and Bullet ES.
However, motorcycles that have a cubic capacity of more than 350cc will see an increase in the percentage of tax levied on them. This will lead to a hike in price of other Royal Enfield models like Classic 500, Bullet 500, Continental GT, Thunderbird 500 and the Himalayan.
The prices came into effect from June 17, 13 days before GST will be implemented.