The Indian automobile market has entered a new phase with the rollout of GST 2.0, making cars more affordable for buyers across segments. The adjustment in tax slabs has had a direct impact on vehicle affordability, and Skoda car prices after GST rate revision are among the most discussed. Skoda, a trusted name for premium sedans and SUVs in India, has announced benefits that customers can now enjoy on their purchases.
With revised GST rates, the overall price of Skoda cars is expected to drop by a significant margin, making popular models like the Slavia, Kushaq, and Kodiaq more accessible. These reductions enhance the value-for-money proposition for buyers who are considering a Skoda vehicle in the near future.
While lower car prices are encouraging, financial planning still plays an important role in simplifying ownership. A car loan from Bajaj Finance ensures that you can purchase your dream Skoda without financial stress. Offering up to 100% financing on the on-road price, flexible EMI options, extended repayment tenures, and minimal paperwork, this loan makes car buying seamless. Quick disbursals further add to the convenience, helping you bring your new Skoda home without delays.
Want to skip the waiting line? Check your pre-approved new car loan offer today and fast-track your car purchase.
What are the revised GST slabs for Skoda cars
Customers will now be offered savings of up to 13 percent, depending on the Skoda car that you pick. You can check out the revised slabs here:
| Type of vehicle | Old GST rates (including cess) | New GST rates | Savings |
|---|---|---|---|
| Sub-4 metre (Petrol) | 29% (28% GST + 1% cess) | 18% | 11% |
| Sub-4 metre (Diesel) | 31% (28% GST + 3% cess) | 18% | 13% |
| Cars over 4 metres in length with engine capacity up to 1,500cc | Up to 45% (28% GST + 17% cess) | 40% | 5% |
| SUVs (above 4 metres in length with engine capacity exceeding 1,500cc) | Up to 50% (28% GST + 22% cess) | 40% | 10% |
| Electric vehicles (all categories) | 5% | 5% | No change |
Expected cost of Skoda cars base model post tax cuts
Here is a look at how Skoda models benefit under the revised GST structure:
| Car | Old GST slab (GST + cess) | New GST rate | Expected price drop (approx.) |
|---|---|---|---|
| Skoda Kylaq | 29% | 18% | Up to Rs 1.19 lakh |
| Skoda Slavia | 45% | 40% | Up to Rs 63,207 |
| Skoda Kushaq | 45% | 40% | Up to Rs 65,828 |
| Skoda Kodiaq | 50% | 40% | Up to Rs 3.28 lakh |
Please note these benefits are indicative based on proposed GST rates considering the maximum price of the nameplate. Actual savings may differ depending on the variant. Final on-road cost will also include RTO charges, insurance, and local levies.
Planning to buy your new Volkswagen soon? Check your loan amount eligibility today and see how much you can borrow from Bajaj Finance.
Why choose Bajaj Mall for your car purchase
Bajaj Mall is a one-stop solution for exploring and booking your favourite Skoda cars. With a wide variety of models listed, it ensures that buyers can find a vehicle that matches both their lifestyle and budget. The platform’s user-friendly search filters allow you to browse and compare different trims with ease.
Booking a new car on Bajaj Mall becomes even simpler when paired with the Bajaj Finserv New Car Loan. Offering up to 100% financing of the on-road price, this loan eliminates the worry of arranging large upfront payments. Buyers also get access to flexible EMI options, extended repayment tenures, and competitive car loan interest rates, making repayment stress-free.
Additionally, the process is designed for convenience with minimal documentation and fast approvals. By using the car loan EMI calculator, you can plan your purchase better by estimating monthly instalments in advance. This ensures complete clarity over your finances before making a decision.
With Bajaj Mall and Bajaj Finance, owning a premium Skoda is no longer a distant dream but an achievable reality.
Why wait? Check your pre-approved new car loan offer today and bring home your Skoda with ease.
