Under GST 2.0, Royal Enfield 350cc bikes in India will become more affordable while the 450cc and 650cc motorcycles will be more expensive than before.
The Union government introduced the restructured version of the GST, dubbed as GST 2.0, last week in the country. Under the new GST regime, bikes with engine capacity below 350cc have been taxed at 18 percent as compared to the earlier slab of 28 percent. This has resulted in lower ex-showroom prices and the brands directly passing the benefits to the buyers. Though Royal Enfield has not officially announced any price cut in its 350cc portfolio, we expect the popular models like Hunter, Classic and Bullet among others to be more affordable by up to Rs 23,500.
Starting with the entry-level Hunter 350, it is presently priced at Rs 1.50 lakh. However, post the announcement of GST 2.0, the bike is likely to become cheaper by at least Rs 15,000 and hence bringing the effective ex-showroom price at Rs 1.35 lakh. The recently launched Goan Classic 350 will get the maximum benefits under GST 2.0 as the current price of Rs 2.35 lakh is expected to come down by Rs 23,500 to Rs 2.11 lakh.
| Model | Current Price | Expected Price | Difference |
| Hunter 350 | Rs 1.50 Lakh | Rs 1.35 Lakh | Rs 15,000 |
| Bullet 350 | Rs 1.73 Lakh | Rs 1.57 Lakh | Rs 17,000 |
| Classic 350 | Rs 1.93 Lakh | Rs 1.73 Lakh | Rs 20,000 |
| Meteor 350 | Rs 2.05 Lakh | Rs 1.85 Lakh | Rs 20,000 |
| Goan Classic 350 | Rs 2.35 Lakh | Rs 2.12 Lakh | Rs 23,000 |
Talking about the brand’s most popular model, the Classic 350, it is presently sold at a price point of Rs 1.93 lakh. However, under the new taxation system, it is expected to witness a price cut of approx Rs 20,000 and hence the revised price would be around Rs 1.73 lakh. The Meteor 350 is likely to get a similar cut in price with price coming down from Rs 2.05 lakh to Rs 1.85 lakh.
Last but not the least, the Bullet 350, which is presently priced at Rs 1.73 lakh, is expected to be more affordable by Rs 17,000. It will have a revised sticker price of around Rs 1.57 lakh. Hence, as it can be seen, all the Royal Enfield 350cc motorcycles price will be reduced in the range of Rs 15,000-23,500 with the Goan Classic getting the highest benefit while the Hunter 350 being the least beneficial.
On the other hand, the bikes with engine capacity above 350cc will become more expensive than now as they will be taxed at 40 percent as compared to the current slab of 28 percent. If we talk about the Royal Enfield 450cc model line-up, consisting of Himalayan 450, Scram 440 and Guerrilla 450, it will have a higher price in the tune of Rs 18720-25650 in the Indian market. In the coming days, Himalayan 450 price will cross the Rs 3 lakh mark.
Moving to the 650cc portfolio of Royal Enfield, the Super Meteor 650 will become the most expensive model in the brand line-up with the price going over Rs 4.05 lakh. In fact, the Shotgun 650 price in India will also touch the Rs 4 lakh mark. The least expensive Royal Enfield 650cc bike on sale will be the Interceptor 650 at Rs 3.37 lakh, post the revised pricing under GST 2.0 in India.
