Mahindra has announced significant GST benefits on Mahindra Scorpio N. You can save up to Rs. 1.45 Lakhs on your Scorpio N. This comes as a result of the new GST tax reduction announced by the government in the 56th GST council meeting.
In this article, we breakdown the variant-wise GST benefits on Mahindra Scorpio N. You can get benefits on 7 different variants of the Mahindra Scorpio N. Here is a table of all the variants and their GST benefits :
Variant | Current GST + Cess | New GST | Full GST Benefit Up To (Rs.) |
---|---|---|---|
Z2 | 48% | 40% | 81,800 |
Z4 | 48% | 40% | 103,500 |
Z6 | 48% | 40% | 106,700 |
Z8 S | 48% | 40% | 110,400 |
Z8 | 48% | 40% | 133,900 |
Z8 T | 48% | 40% | 138,600 |
Z8 L | 48% | 40% | 144,600 |
In the previous tax system, Mahindra Scorpio N was taxed with 28% GST and 20% Cess, resulting to a total of 48% tax on the SUV. However, after the implementation of the new two-slab tax system, the overall tax on Mahindra Scorpio N has been reduced to only 40% GST and no additional Cess. The significant tax reduction is expected to boost its competitiveness in the market.
Also Read : Mahindra Thar Roxx GST Benefits up to 1.3 Lakh : Check Variant Wise Price Drop