GST Effect: Toyota Innova Crysta, Fortuner, Corolla Altis Get Cheaper
Cyrus Dhabhar
1 min read
Jul 04, 2017, 07:42 PM
Key Highlights
- GST Effect: Toyota announces price cuts on almost all models
- Toyota Innova Crysta and Fortuner to benefit most from GST impact
- Prius and Camry Hybrid to get much more expensive due to GST rates
Toyota Kirloskar Motors has announced a big price drop that effects almost all the popular models for the Indian market. The GST Effect has reduced prices of the likes of the Toyota Fortuner, the Toyota Corolla Altis and even smaller cars like the Toyota Etios and the Toyota Etios Liva hatchback. The lower prices will boost the SUV sales which is one of the most important segment for the Japanese auto maker in India. The most popular Toyota model in India, the Innova Crysta will now be cheaper by upto Rs 98,500 making it a little more affordable to the mass market considering its already high price tag.
The SUV segment in India has had the biggest drop in taxes from earlier tax slabs to new GST rates. The new GST taxes on SUVs larger than 4 metres and with large engines is 43%, which on average is 12 per cent lower than the earlier rates. Large SUVs like the Toyota Fortuner will get a price cut of a whopping Rs 2.17 lakh, which will undoubtedly boost sales of the big brawny SUV in a country that is always hungry for the body style.
For sedans above the 4-metre segment and with larger engines, the drop in GST is about 8.6 per cent. The Toyota Corolla Altis falls in this segment and is said to get a drop in price of almost Rs 92,500, which will make it more value for money, especially in fleet segments. Other cars like the Etios are set to get cheaper by Rs 24,500 while the Etios Liva hatchback is set to get cheaper by Rs 10,500. The prices above are applicable for Bangalore where Toyota Kirloskar Motors is based out of and will differ from city to city with areas like Delhi-NCR receiving smaller price drops due to already lower pre-GST rates.
Sadly however, the government’s policies for GST on hybrid cars has been met with criticism and is least favourable for Toyota who has one of the largest hybrid portfolios in the country. Both the Camry hybrid and the Prius will be more expensive by over 3.5 lakhs each in a city like Bangalore while cities like Delhi with lower pre-GST rates will see a price hike of upto Rs 5.24 lakh for the hybrid models.
(GST Impact: Toyota Fortuner to be cheaper by Rs 2.17 lakh)
The SUV segment in India has had the biggest drop in taxes from earlier tax slabs to new GST rates. The new GST taxes on SUVs larger than 4 metres and with large engines is 43%, which on average is 12 per cent lower than the earlier rates. Large SUVs like the Toyota Fortuner will get a price cut of a whopping Rs 2.17 lakh, which will undoubtedly boost sales of the big brawny SUV in a country that is always hungry for the body style.
(GST Effects: Toyota Corolla Altis to get price cut)
For sedans above the 4-metre segment and with larger engines, the drop in GST is about 8.6 per cent. The Toyota Corolla Altis falls in this segment and is said to get a drop in price of almost Rs 92,500, which will make it more value for money, especially in fleet segments. Other cars like the Etios are set to get cheaper by Rs 24,500 while the Etios Liva hatchback is set to get cheaper by Rs 10,500. The prices above are applicable for Bangalore where Toyota Kirloskar Motors is based out of and will differ from city to city with areas like Delhi-NCR receiving smaller price drops due to already lower pre-GST rates.
(2017 Toyota Prius Hybrid And Camry Hybrid to get more expensive)
Sadly however, the government’s policies for GST on hybrid cars has been met with criticism and is least favourable for Toyota who has one of the largest hybrid portfolios in the country. Both the Camry hybrid and the Prius will be more expensive by over 3.5 lakhs each in a city like Bangalore while cities like Delhi with lower pre-GST rates will see a price hike of upto Rs 5.24 lakh for the hybrid models.
Related News
Latest Cars
Upcoming Cars
Latest News
Bilal Firfiray | Feb 16, 2026BMW X3 xDrive30 M Sport Pro Lanched In India At Rs 74.50 LakhThe new range-topping xDrive 30 done up in the M Sport Pro trim offers 255bhp and 400Nm. Can do 0-100kmph in just 6.3 seconds1 min read
Jaiveer Mehra | Feb 16, 2026Jeep Meridian Track Edition Launched In India; Prices Start At Rs 35.95 LakhSpecial edition of the Meridian is based on the fully-loaded Meridian Overland.1 min read
Girish Karkera | Feb 16, 2026MG's First Plug-In Hybrid For India Coming In 2026, Confirms MD Anurag MehrotraJSW MG is pivoting toward a hybrid and electric future, targeting a 30% market share for New Energy Vehicles (NEVs) by the end of the decade1 min read
car&bike Team | Feb 15, 2026Maruti Suzuki Brezza Facelift Spied With 6-Speed Manual GearboxLatest images of the test car’s interior suggest that it could become the first Maruti to get a 6-speed manual gearbox.1 min read
Jaiveer Mehra | Feb 15, 2026SIAM Reports PV Sales Of Almost 4.5 Lakh Units, 2W Sales Of Over 19 Lakh Units In January 2026SIAM reported that sales of passenger vehicles and two-wheelers were the best ever for the month of January.1 min read
car&bike Team | Feb 14, 2026Kawasaki Ninja, Versys Models Available With Discounts Of Up To Rs 2.50 LakhThe highest discount is being offered on the Ninja ZX-10R, followed by the Ninja 1100 SX and ZX-6R models.2 mins read
Jafar Rizvi | Feb 15, 2026Maruti Suzuki Victoris: Long-Term Review - Report 1The Victoris is Maruti’s latest offering for the Indian market, and after spending some time with it, here are a few early impressions.1 min read
Bilal Firfiray | Feb 12, 2026BMW X3 30 xDrive M Sport Review: The Driver’s SUV ReturnsRange-toppingX3 30 xDrive M Sport brings back the fun with 255bhp and genuine enthusiast appeal. Does this performance-focused SUV stand out?5 mins read
Bilal Firfiray | Feb 11, 2026Mercedes-AMG CLE 53 Coupe Review: The Goldilocks AMG?The Mercedes-AMG CLE 53 Coupe is a concoction of hooliganistic performance and everyday usability. Here’s why this Rs 1.5 crore two-door AMG might be the perfect modern sports coupe for India.6 mins read
Girish Karkera | Feb 11, 2026Toyota Ebella EV Review: Compact And Fun-To-Drive With The Promise Of Stress-Free AftersalesNo hiding the fact that it is a clone of the Maruti Suzuki eVitara, but the first all-electric Toyota in India is reasonably well-rounded8 mins read
Bilal Firfiray | Feb 10, 2026Tata Punch EV Long Term Review: Small EV With A Big-Hearted PersonalityWith the new Punch EV Facelift just around the corner, we decided to take a look at what it excels at and what could be improved.7 mins read