GST 2.0: M&M rolls out price cut; here is how much GST you will pay on Mahindra Thar

The price cut follows the announcement of the revamped GST at the 56th GST Council meeting held on September 3, 2025, the Mumbai-based auto major said in a statement.

The revised prices for all applicable ICE portfolios are effective from September 6, 2025, and will be transparently updated across dealerships and digital platforms, it added.

The company has reduced the price of the Bolero/Neo range by ₹1.27 lakh, the XUV3XO (petrol) by ₹1.4 lakh, the XUV3XO (diesel) by ₹1.56 lakh, the THAR 2WD (diesel) by ₹1.35 lakh, the THAR 4WD (diesel) by ₹1.01 lakh and the Scorpio Classic by ₹1.01 lakh.

Similarly, the price of Scorpio-N is reduced by ₹1.45 lakh, Thar Roxx by ₹1.33 lakh and XUV700 by ₹1.43 lakh.

Meanwhile, reacting to the GST Council's decision to overhaul the tangled Goods and Services Tax (GST), Mahindra Group CEO & MD Anish Shah had said the Mahindra Group views these reforms as transformative, as it simplifies compliance, expands affordability, and energises consumption, while enabling industry to invest with greater confidence.

"The next-generation GST reforms announced today mark a defining moment in India's journey towards building a simpler, fairer, and more inclusive tax system," he had said in a statement last week.

At Mahindra, Shah said, "We view these reforms as transformative. They simplify compliance, expand affordability, and energise consumption, while enabling industry to invest with greater confidence."

Mahindra Group Chairman Anand Mahindra had announced the price via his social media handle, X.

On Friday, shares of Mahindra & Mahindra had settled at ₹3,562.90 apiece on the National Stock Exchange, gaining 2.34%.

The changes in the goods and services (GST) tax structure are expected to boost consumption massively and benefit sectors including automobiles.

The GST Council on September 3 cleared proposed changes to the indirect tax regime, approving an overhaul of rates by limiting slabs to 5% and 18%, effective from September 22, 2025, the first day of Navaratri.

Lauding the government for the initiative, he said, "This bold step is in line with the vision articulated by the Prime Minister (Narendra Modi) of building a citizen-centric, future-ready Bharat. It strengthens India's economic foundations and will help drive the next phase of equitable and inclusive growth – the journey towards Viksit Bharat 2047."