Yamaha R15 and FZ25 to see price slash due to the arrival of new GST taxes from the 1st of July
Yamaha has been a long operating player in the Indian market and the Japanese two-wheeler manufacturers has quite a strong presence in both the commuter segment, premium bike segment and scooter segment as well. Now, with the Goods and Services Tax (GST) ready to be rolled out across the country from 1st July, Yamaha is expected to join the other two-wheeler manufacturers in passing on the benefits of new tax system to the customers.
The Japanese company has both sub-350 cc and higher than 350 cc models in its Indian portfolio. Therefore, some of its products that come with sub-350 cc engines will see a price reduction thanks to the 28% total tax amount to be applied under GST compared to current tax system’s 30% tax incidence.
The sub-350 cc models include Saluto, SZ RR, FZ, FZ S, Fazer, R15, FZ25 and R3 also. Apart from that, the scooters on offer from the company including Fascino, Alpha, Ray-Z and Ray ZR will also see marginal price reduction thanks to the GST. On the other hand, premium Yamaha bikes like MT-09, R1, V-Max, R1M will be marginally pricier compared to their current pricing as, these bikes will be slapped with 3% cess over and above the 28% GST, leading the total tax incidence to 31%.
Currently, Yamaha is testing the Fazer 250 that will arrive in the domestic market during October this year. It will be the semi-faired and sportier version of the FZ25 and this bike is expected to be priced at around Rs. 1.30 lakh (ex-showroom, New Delhi) upon launch.
Also read: 2017 Yamaha R15 V3 – All You Need to Know
Apart from that, the Japanese two-wheeler manufacturer is also expected to launch the new generation R15 during late this year. Booking for this bike is being accepted at some dealerships across the country at a price of Rs. 50,000. The new generation R15 will arrive with a radically updated and sportier design compared to the current model.
Yamaha FZ25 Gallery