GST Impact – Royal Enfield 350cc bikes get cheaper

GST impact has been quite positive for cars and two wheelers as most companies have reduced prices. Royal Enfield announced new prices for the entire range.

As per new GST structure, motorcycles having engine displacement of 350cc or less, will be charged lesser tax and taxed at 28% GST, while those motorcycles with higher than 350cc engine will be taxed at 28% plus an additional 3% cess.

The bikes below 350cc are cheaper by Rs. 1600-2100 depending on the model while bike above 350cc have become expensive as these attract additional 3% cess.

The impact on the low selling Royal Enfield Continental GT is very marginal while the Royal Enfield Himalayan which comes with a 411cc engine gets a price hike of Rs. 2717.

There price hike wont effect the sales as the difference is marginal.

Current price list Royal Enfield motorcycles for Chennai market.

Chennai
Model Pre GST price Post GST Price Difference In Price
Bullet 350 127,925 126,264 -1,661
Bullet Electra 143,881 141,670 -2,211
Classic 350 152,897 150,882 -2,015
Thunderbird 350 164,596 162,431 -2,165
Classic 500 194066 195556 1490
Classic Desert Strom 197173 198808 1635
Classic Chrome 205902 207379 1477
Thunderbird 500 207719 209078 1359
Bullet 500 183513 184682 1169
Continental GT 231336 231637 301
Himalayan 181437 184154 2717

Depending on the state prices will either increase or decrease.

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