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Key Points

BJP MP Sambit Patra described the surge in car sales following GST reforms as being like a festival. Maruti Suzuki delivered over 25,000 cars on the very first day, breaking a record that stood for 35 years. The company also received an incredible 80,000 inquiries and 75,000 bookings due to the price reductions. This historic buying spree was fueled by the new two-tier GST structure that simplified tax rates.

Key Points: Sambit Patra Says GST 2.0 Car Sales Boom Like a Festival

  • Maruti Suzuki broke a 35-year sales record with 25,000 deliveries in one day
  • Hyundai also set a new 5-year record amid the GST-induced buying frenzy
  • Dealerships stayed open until midnight to handle the unprecedented customer demand
  • The GST Council simplified the tax structure to two main rates effective September 22
2 min read

This is like a festival: Sambit Patra on increased car sales amid GST 2.0 cuts

BJP's Sambit Patra reveals Maruti Suzuki broke a 35-year sales record with 25,000 deliveries on the first day of GST reforms, calling the customer response phenomenal.

"This is like a festival - Sambit Patra"

New Delhi, September 23

Bharatiya Janata Party (BJP) MP Sambit Patra on Tuesday said Maruti Suzuki and Hyundai have set new records following the first day of GST reforms, with Maruti delivering over 25,000 cars and receiving around 80,000 inquiries, calling the response "like a festival."

During the press conference, Sambit Patra said, "... Maruti Suzuki has broken the record of the last 35 years. Hyundai has also broken the record of the last 5 years. On the first day of GST reforms, 25,000 Maruti cars were delivered. The very first day recorded 80,000 inquiries and delivered over 25,000 cars. Deliveries are expected to touch 30,000 soon."

Patra stated that the first day of car price reductions resulted in 75,000 bookings, with high demand for Maruti, Mahindra, and other vehicles, and dealerships remaining open until midnight to complete deliveries.

"On the first day of the price reduction, 75,000 bookings were received... Maruti may also be out of stock for some variants... Whether it is Mahindra or other cars, customers have shown exceptionally strong attraction... Dealerships were open till midnight so that the deliveries could be completed. This is like a festival," Patra said.

The rollout of the new GST 2.0 reforms, which have reduced car prices, added further fuel to the festive buying sentiment. The twin impact of the festival and lower prices led to a remarkable performance for Maruti Suzuki.

"The response from customers has been phenomenal--something we haven't seen in the last 35 years. On the very first day, we recorded 80,000 enquiries, and have already delivered over 25,000 cars, with deliveries expected to touch 30,000 shortly. Since September 18, when we announced additional price reduction (over and above GST), we have received 75,000 bookings, with nearly 15,000 bookings coming in every day--about 50% higher than usual. Demand for small cars has been especially strong, with bookings growing by nearly 50%," said Partho Banerjee, Senior Executive Officer, Marketing and Sales, Maruti Suzuki.

In a historic move to simplify the Goods and Services Tax (GST), GST Council in its 56th meeting has reduced the GST structure from four slabs (5%, 12%, 18%, 28%) to two main rates--5% (merit rate) and 18 per cent (standard rate) along with a 40 per cent special rate for sin/luxury goods. These changes came into effect on September 22.

- ANI

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Reader Comments

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Priya S
While the sales numbers are impressive, I hope this isn't just pent-up demand. The real test will be if these numbers sustain over the next few months. Also, what about electric vehicles? Were they included in these GST cuts?
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Arjun K
My cousin just booked a Maruti Brezza yesterday! The dealership was so crowded it felt like a mela. Good to see the auto sector getting this boost before the festive season. 🇮🇳
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Sarah B
As someone who works in the automotive industry, this simplified GST structure was long overdue. The previous multiple slabs created so much confusion. Hope this brings stability to the market.
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Vikram M
Great for car buyers, but what about the traffic situation in our cities? Delhi and Bangalore are already choked. We need better public transport infrastructure alongside these policies.
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Michael C
The numbers are staggering! 25,000 deliveries in one day shows the purchasing power of Indian consumers. This should have positive ripple effects across the entire manufacturing ecosystem.
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Ananya R
I appreciate the GST simplification, but I hope the government also focuses on improving road quality and parking facilities. More cars mean we need better infrastructure to support them.

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