Friday, 20 October, 2017
Update
   Govt hikes salary of GMC lecturers from 55k - 95k & Assistant Lecturers from 45k to 80k per month   CM Parrikar asks RTO clarification on dumping important documents on roadside, to file case for dumping garbage on highway   RTO'S MAKESHIFT OFFICE ALONG THE OLD GOA BY-PASS ROAD   Sign lease pacts with CCP at the earliest: Mayor to market tenants   ST strike: KTC suspends bus trips to Maharshtra   Goan disability activist wins national award   First pvt ferry services to begin from Nov   Late rains, chocked drains spell doom for farmers in Aldona

Hyundai woos customers with huge discounts in wake of GST

Hyundai Motor India has launched discounts on several of its cars in the wake of goods-and-services (GST) tax implementation from July 1.

Story: the goan | network | 16th June 2017, 05:01 Hrs


Panaji

A showroom source at Hyundai informed, “Hyundai is offering discounts on several cars. For example, customers can avail of discounts up to Rs 40,000 on Eon, Rs 57,000 on Grand i10 petrol, Rs 68,000 on Grand diesel, Rs 45,000 on Xcent petrol, Rs 55,000 on Xcent diesel, Rs 25,000 on all new Xcent, Rs 25,000 on Elite i20, Rs 80,000 on Verna petrol and Rs 90,000 on Verna diesel.”  
The source at Hyundai continued, “These offers are of course subject to bookings and invoicing of cars on or before June 28.”  
Industry analysts say 
the companies have been forced to come up with the discounts as potential customers have held back on purchases expecting prices to come down after the implementation of GST.
Under the GST rates, cars will attract the top rate of 28 per cent with a cess in the range of 1—15 per cent on top of it.

Related news

Why is Goa not becoming an export hub?

Despite having Dabolim Airport and Mormugao Port Trust (MPT) for decades, Goa has not been able to become an export hub, as even local manufacturers prefer to export their products through airports and seaports in other states of India Read more

Top News

Bastora underpass to miss yet another deadline

The overbridge along NH17 cum underpass at Bastora was expected to be thrown open by Dec-end; New deadline set for March 2018 Read more

Govt unveils one-time benefit scheme for freedom fighters

Applicants to be settled after written undertaking n Freedom fighters once settled will not be eligible for pension Read more