TVS slashes two-wheeler prices by up to Rs 4,000 to pass on GST benefits

TVS Motor Company reduced prices on its two-wheelers to pass on Goods and Services Tax (GST) benefits to its customers.

The prices for their products have been reduced by up to Rs 4,150 depending on each state. The company's dealers will also be given suitable assistance on their opening stock, which they purchased at pre-GST prices, as on July 1, 2017.

The company said that GST was a landmark reform that would bring in ease of doing business and would be a huge positive for the country.