VECV to Pass Full Gst Cut Benefit to Eicher Buyers

12 Sep 2025 CW Team

VE Commercial Vehicles (VECV) has announced that it will extend the full benefit of the Goods and Services Tax (GST) reduction to customers purchasing its Eicher trucks and buses. Following the government’s decision to cut GST on diesel, CNG, and LNG vehicles from 28 per cent to 18 per cent, buyers will enjoy significantly lower acquisition costs, while electric vehicles continue to attract just 5 per cent GST.

The reduction translates to price cuts ranging from Rs 1–2 lakh on light and medium-duty trucks, Rs 1.5–6 lakh on heavy-duty trucks, and Rs 1.1–3.4 lakh on buses. The move is expected to stimulate demand in the commercial vehicle sector, support freight operators, and encourage bus fleet modernisation by state transport corporations.

Vinod Aggarwal, MD and CEO of VECV, described the reform as “timely relief” for an industry facing high input costs and sluggish sales. He said the benefits would reduce total cost of ownership for small businesses, owner-drivers, and fleet operators while aligning with the government’s PM Gati Shakti programme to enhance logistics efficiency nationwide.

Infrastructure Urban

23 Oct 2025

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