Toyota Cars To Cost More After GST Council Hikes Cess

Toyota Kirloskar Motor announced an increase in prices of the Innova, Fortuner, Corolla and Etios effective from September 12, 2017 across all Toyota  dealerships. The decision has been prompted by the raise in cess from 2-7 per cent across mid-size to large size cars and SUVs as amended by the GST Council.
 
N. Raja, Director & Sr. Vice President, Marketing and Sales, Toyota Kirloskar Motor said, “Following the ordinance on GST amendment, we have had to revise the price of our products in line with the cess hike which may nearly reflect the prices in the pre-GST scenario."

Toyota Cars Innova Crysta Fortuner Etios Liva Corolla Altis Etios Land Cruiser Camry Etios Cross Land Cruiser Prado Prius

Prices of the Toyota Innova have gone up by ₹ 78000 

The approximate price increase in Delhi for the Toyota Innova Crysta will be upto ₹ 78,000, while the Fortuner will cost upto ₹ 1.60 lakh more. The Corolla Altis too will see a price revision in the bracket of ₹ 72000 while the Platinum Etios price will increase upto ₹  13,000. The price of Hybrids and small cars remains unaffected post the cess hike.

Also Read: Hyundai India Top Boss Reacts Strongly To Cess Increase

When  GST kicked in in July this year, the price of the Innova had gone down to nearly ₹ 1 lakh, while the Fortuner was more than ₹ 2 lakh cheaper. The price of the Corolla Altis too had gone down by ₹ 98000 while the Etios cost ₹ 24500 less. By that standards then, the cars are still cheaper than the pre-GST rates and that's probably the only consolation in this situation. 

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