GST effect: BharatBenz cuts prices, offers up to 2.5% off on MRP

Move to bolster momentum by passing on benefits to customers, says firm

BharatBenz on Wednesday announced that it has reduced prices across its entire product range after the introduction of the goods and services tax (GST) regime from July 1, slashing MRPs between 0.4 and 2.5 per cent, depending on the state and model.

Erich Nesselhauf, Managing Director and CEO, Daimler India Commercial Vehicles said, "With GST in place, we expect additional momentum at BharatBenz. This 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 the introduction of modern and