GST 2.0

TVS Motor Company has announced a price reduction for its Ronin motorcycle range, aligning with the sweeping Goods and Services Tax (GST) reforms set to take effect from September 22, 2025. The move reflects the company’s commitment to passing on the benefits of lower tax rates directly to customers. With motorcycles now falling under the revised 18% GST slab, buyers will see meaningful price drops across variants of the Ronin.

India is on the cusp of a historic transformation in its indirect tax regime as the Goods and Services Tax Council prepares to implement the most extensive set of reforms since GST’s launch in 2017. Effective September 22, 2025, the revised framework—dubbed GST 2.0—will rationalize tax slabs, eliminate the long-standing compensation cess, and restructure compliance mechanisms. These changes are expected to reduce prices of essential goods, benefit consumers and farmers, and simplify processes for businesses.