Maruti Suzuki slashes ex-showroom prize up to 3 pc

    NEW DELHI: Passing on the entire benefit of GST rates on vehicles to its customers, Maruti Suzuki today announced that the company has slashed down the ex- showroom price up to 3 per cent. The company in a statement said, “The ex-showroom prices of Maruti Suzuki models have come down by up to 3 per cent. The rate of reduction varies across locations depending on the VAT rates applicable prior to GST.” “Owing to withdrawal of tax concessions on mild hybrid vehicles, the price of Smart Hybrid Ciaz Diesel and Smart Hybrid Ertiga Diesel has increased,” the statement added. The new prices are effective from July 1, 2017.  (UNI)