Monday, March 23, 2026

GST 2.0 Effect: Hyundai Announces Price Cut of Up To Rs 2.4 Lakh

Hyundai Motor India has announced that it will pass on the full benefits of the revised GST rates to its customers, effective from September 22, 2025. A few days ago, Mahindra also made a similar announcement. While Mahindra has already started passing these benefits to customers, Hyundai is waiting for the new GST rates to kick in on the first day of Navratri.

Here’s a look at the model-wise price reduction for Hyundai cars post GST cut: –

ModelNew GST RatesPrice Reduction
Grand i10 Nios18%Up to Rs 73,808
Aura18%Up to Rs 78,465
Exter18%Up to Rs 89,209
i2018%Up to Rs 98,053
i20 N Line18%Up to Rs 1,08,116
Venue18%Up to Rs 1,23,69
Venue N Line18%Up to Rs 1,19,390
Verna40%Up to Rs 60,640
Creta40%Up to Rs 72,145
Creta N Line40%Up to Rs 71,762
Alcazar40%Up to Rs 75,376
Tucson40%Up to Rs 2,40,303

Like before, all Hyundai EVs will continue to be offered on a flat 5% GST.

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. 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.”

In other news, Hyundai has recently launched the Knight Edition variants for the i20, Alcazar and Creta Electric. The brand has introduced the new King, King Knight and King Limited Edition for the ICE-powered Creta.

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