GST Price Cut on Kia Cars Up to Rs 4.48 Lakh in India

The Indian division of the South Korean automaker Kia, has recently announced that it is reducing the prices of its entire ICE lineup in the country. This price cut by Kia comes in following the revision of GST rates by the Indian government.

Kia is passing on the benefits of these recent tax reduction to its customers, which will make its ICE portfolio more affordable in India. This announcement also comes on the cusp of the festive season which is generally considered as one of the best periods for automotive sales in the country.

Among Kia’s ICE models, the Carnival will see the largest price cut, with a reduction of up to Rs 4,48,542. This makes it the model with the maximum GST-linked benefit compared to the rest of the company’s lineup.

Also Read: Mahindra Cars GST Price Cut Benefits: Save Up to Rs 1.56 Lakh in India

Gwanggu Lee, Managing Director and CEO of Kia India, said, “We welcome the Government of India’s visionary citizen-centric reforms to reduce the GST on passenger vehicles. This transformative measure represents a progressive and timely decision towards making vehicle purchase more affordable for consumers and bringing a boost to the automotive sector's growth. In line with this vision, we are proud to pass on the full benefit of the GST rate reductions to our customers, ensuring more affordability and greater accessibility. This significant reform simplifies the taxation framework and reinforces the government’s commitment to sustainable economic growth and innovative mobility solutions. We are confident this move will energize consumer sentiment and drive demand during the upcoming festive season.