Mahindra & Mahindra has announced revised prices across its SUV lineup, passing on the full benefits of the recently introduced GST 2.0 reforms. The price cuts, effective from September 6, 2025, apply to all internal combustion engine (ICE) SUVs in the company’s portfolio.
The move follows the 56th GST Council meeting chaired by Finance Minister Nirmala Sitharaman, where the new tax structure was approved.
Biggest Price Cuts on XUV3XO and Thar
Among Mahindra’s models, the XUV3XO diesel variant receives the steepest reduction, with prices dropping by up to ₹1.56 lakh. The Thar 2WD and 4WD trims also see significant cuts of ₹1.35 lakh and ₹1.01 lakh, respectively, making the brand’s popular off-roader more affordable.
The Scorpio-N benefits from a lower GST rate — reduced from 48% to 40% — bringing down its price by as much as ₹1.45 lakh.
Model-Wise GST Benefits
Here’s the updated list of Mahindra SUVs under GST 2.0:
| Model | Previous GST + Cess | New GST Rate | Price Benefit (Up to ₹ Lakh) |
|---|---|---|---|
| Bolero / Neo | 31% | 18% | 1.27 |
| XUV3XO (Petrol) | 29% | 18% | 1.40 |
| XUV3XO (Diesel) | 31% | 18% | 1.56 |
| Thar 2WD (Diesel) | 31% | 18% | 1.35 |
| Thar 4WD (Diesel) | 48% | 40% | 1.01 |
| Scorpio Classic | 48% | 40% | 1.01 |
| Scorpio-N | 48% | 40% | 1.45 |
| Thar Roxx | 48% | 40% | 1.33 |
| XUV700 | 48% | 40% | 1.43 |
Industry Impact
With the new GST structure, Mahindra expects to boost demand for its SUV lineup ahead of the festive season, making key models more competitive in the Indian market.
Image Source: Google | Image Credit: Respective Owner
