After the introduction of pan India Goods and Services Tax (GST), buying vehicles have become more affordable. In the latest development, BharatBenz has passed on GST benefits to customers and reduced its entire product range between 0.4-2.5 per cent.
The reduction of price depends on state and model, the company said in a statement.
Speaking on the occasion, Erich Nesselhauf, Managing Director and CEO, Daimler India Commercial Vehicles said, “With GST in place, we expect additional momentum at BharatBenz, which we intend to bolster as we reduce prices to pass on GST benefits to our customers.”
“Borderless pan Indian transportation is expected to improve the overall efficiency of logistic companies in line with an introduction of more modern and fuel efficient trucks,” he added.