Royal Enfield motorcycles price will reduce once the GST kicks in from July 1st , 2017.
Taxes of many motorcycles including Royal Enfield 350 cc , Classic 350 are expected to reduce in most states ,from July 1,2017.
Under GST , most two wheelers will attract 28% tax which is lower than current tax.
” The reduction is expected to be between Rs.1600-2300 on road Chennai and it will vary from state to state” said Royal Enfield spoke person.
Royal Enfield dealers are still not clear with the discount amount but confirmed that reduced rate will come in to effect from July 1,2017.
One dealer in Delhi said that Royal Enfield 350 model will reduce up to Rs. 3000 after GST kicks in.
But other models like The Himalayan, Bullet 500, Classic 500, Thunderbird 500 and Continental GT are expected to cost more after July 1, 2017.
Most customers however prefer 350 cc models and those who are planning to buy Royal Enfield 350 bike wait till July 1st to get some benefit.
And for those looking for Himalayan or 500cc models it’s a right time to purchase.