Classic 350 Post-GST Price Drop, Own the Legend for Less – Royal Enfield Classic 350 Price Dropped

ROYAL ENFIELD CLASSIC 350 – HOW MUCH TAX DROPPED

The Government of India has just announced some fantastic news for all citizens, especially for bike enthusiasts. The central government has introduced a significant reduction in taxes, making it easier and more affordable for people to buy new vehicles. This move has brought smiles to the faces of the general public, but it is particularly exciting for those planning to buy new bikes and cars.

The most notable benefit is for bikes under 350cc, which are extremely popular among young riders in India. The government has not only reduced the GST but also provided a lower tax rate on these bikes, which means buyers can now save a considerable amount when purchasing their favorite models.

One of the most affected and appreciated bikes by this announcement is the Royal Enfield Classic 350. Known as the “beast bike” of India, the Classic 350 has always been a favorite among young and old riders alike. With this new government initiative, the Classic 350 becomes even more accessible.

Before the new announcement, bikes under 350cc were subjected to a GST of 28% along with other road and registration taxes, which often increased the effective cost of the bike significantly. Now, the government has reduced the GST on bikes under 350cc to 18%, while the road tax and registration fees have also been decreased by about 5-7% depending on the state.

This means that, in total, buyers can enjoy around 10-15% reduction in overall costs on their new 350cc bikes. This is a huge benefit for budget-conscious buyers, especially for popular motorcycles like the Royal Enfield Classic 350.

For example, if a Royal Enfield Classic 350 Fireball variant originally cost ₹2,32,000 (ex-showroom), with the new GST and tax cuts, buyers can now expect to pay approximately ₹2,10,000 to ₹2,12,000, depending on the state. That’s a saving of about ₹20,000 to ₹22,000, which is a substantial amount for any new buyer.

ROYAL ENFIELD CLASSIC 350 PRICE DROP DETAILS

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