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GST 2.0: Hyundai petrol and diesel cars price has been reduced by up to Rs 2.40 lakh while the price of the EVs remains unchanged
Hyundai India has joined the bandwagon of brands like Renault, Toyota and Mahindra by announcing a price cut across its entire model line-up due to GST 2.0 in the domestic market. As the GST 2.0 comes into effect from September 22, Hyundai cars will be cheaper by up to Rs 2.40 lakh in the Indian market as the company has decided to pass on the complete benefit of the lower tax to its customers. The South Korean brand retails a total of 9 models in the country namely Nios, Aura, Exter, i20, Venue, Verna, Creta, Alcazar and Tucson.
Starting with the Grand i10 Nios, the price of the mid-sized hatchback has been reduced by up to Rs 73,808 in the country. The Aura, Exter and i20 have become cheaper by Rs 78,465, Rs 89,209 and Rs 98,053, respectively. The high-performance N Line version of the i20 gets a price cut of Rs 1.08 lakh, making it more accessible for buyers.
Commenting on the announcement, Mr. Unsoo Kim, Managing Director, Hyundai Motor India Limited, said, “We sincerely appreciate the progressive and far-sighted move by the Government of India to reduce GST on passenger vehicles. This reform is not only a boost to the automotive industry but also a strong step towards empowering millions of customers by making personal mobility more affordable and accessible.”
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| Model | Price Reduction up to INR (effective 22nd Sep’25) |
| Nios | Rs. 73,808 |
| AURA | Rs. 78,465 |
| EXTER | Rs. 89,209 |
| i20 | Rs. 98,053 |
| i20 N Line | Rs. 1,08,116 |
| VENUE | Rs. 1,23,659 |
| VENUE N Line | Rs. 1,19,390 |
| VERNA | Rs. 60,640 |
| CRETA | Rs. 72,145 |
| CRETA N Line | Rs. 71,762 |
| ALCAZAR | Rs. 75,376 |
| TUCSON | Rs. 2,40,303 |
Moving to the SUV segment, the Venue’s price has been slashed by Rs 1.24 lakh while the performance-oriented N Line version gets a slightly lower price cut of Rs 1.19 lakh as compared to the standard model. The highly popular Creta SUV becomes more affordable by Rs 72,145 against the reduction in price of the N Line version by Rs 71,762 in the country.
The Verna midsize sedan will be less expensive by Rs 60,460 while the 7-seater Alcazar SUV will now cost Rs 75,376 less than its current price in India. Last but not the least, the Tucson gets the maximum benefit of GST 2.0 as the price has been slashed by Rs 2.40 lakh. All the prices mentioned in this article are ex-showroom, India.
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“As India moves forward on the path of Viksit Bharat, Hyundai remains committed to aligning with the nation’s growth ambitions by ensuring our cars and SUVs continue to deliver value, innovation and joy of driving,” added Kim. Under the GST 2.0, which comes into effect from Sep 22, petrol and diesel cars with a length under 4 meters attract 18 percent tax against the previous rates of 29 percent (28 percent GST + 1 percent cess) and 31 percent (28 percent GST + 3 percent cess), respectively.
While the big SUV models have been put into the luxury items slab at 40 percent in GST 2.0, which is still less than the current tax category of 48 percent and hence prices of big and luxury SUVs have also come down. However, the EVs have retained the 5 percent slab in the GST 2.0 and therefore their prices remain unchanged.
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