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Mahindra Thar, Scorpio, XUV700 Get Up to Rs 1.56 Lakh Price Cut in India Due to GST Revision
Mahindra & Mahindra has reduced prices across its ICE SUV lineup from September 6, 2025, following the GST Council’s decision to lower tax rates on passenger vehicles.
Keshav Rajput
Updated Sep 6, 2025, 01:54 PM IST
Mahindra Thar, Scorpio, XUV700 Get Up to Rs 1.56 Lakh Price Cut in India Due to GST Revision
Mahindra & Mahindra Ltd. has passed on the full benefit of the revised GST rates to customers across its internal combustion engine (ICE) SUV portfolio. The update came into effect on September 6, 2025, after the 56th GST Council meeting on September 3, 2025, chaired by Finance Minister Nirmala Sitharaman.
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Price Reductions Across SUV Range
The revision brings down GST and cess rates on different models, leading to price benefits ranging from around Rs 1 lakh to Rs 1.56 lakh, depending on the model and variant.
| Models | Current GST + Cess | New GST | Full GST Benefits starting 6th Sept (Up to Rs Lakh) |
| Bolero/Neo | 31% | 18% | 1.27 |
| XUV3XO (Petrol) | 29% | 18% | 1.40 |
| XUV3XO (Diesel) | 31% | 18% | 1.56 |
| THAR 2WD (Diesel) | 31% | 18% | 1.35 |
| THAR 4WD (Diesel) | 48% | 40% | 1.01 |
| Scorpio Classic | 48% | 40% | 1.01 |
| Scorpio-N | 48% | 40% | 1.45 |
| Thar Roxx | 48% | 40% | 1.33 |
| XUV700 | 48% | 40% | 1.43 |
Renault India has slashed price on its entire portfolio by up to Rs 96,000. The new prices will take effect from September 22, 2025, though bookings at revised rates are already open.
Tata Motors have also reduced prices on all their petrol and diesel cars in India. The price cut follows the recent GST revision announced on Wednesday by Finance Minister Nirmala Sitharaman. Under the new tax structure, cars with engines smaller than 1,200cc or shorter than 4,000mm will now be taxed at 18%, while larger cars will fall under the 40% tax bracket.
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