Tata Motors had confirmed earlier that the company would pass on the benefit of the reduction in CENVAT to customers, for both passenger vehicles and commercial vehicles.
Effective December 8, the cut in prices are as follows:
PASSENGER VEHICLES
Passenger Cars (Indica and Indigo family): Between Rs. 12,000/- to Rs. 23,000/- depending on the model.
Utility Vehicles (Safari and Sumo family): Between Rs. 16000/- to Rs. 36000/-, depending on the model.
The new prices along with the Schemes as applicable are available at all Tata Motors outlets, across the country.
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COMMERCIAL VEHICLES
Light Commercial Vehicles: Between Rs. 17,000/- to Rs. 23,000/-.
Medium &Heavy Commercial Vehicles: Between Rs. 30,000/- to Rs. 60,000/-