Kolkata, Oct 8 (PTI) Classic Legends, which relaunched the iconic motorbike brands Jawa and Yezdi in the country almost four years ago, on Wednesday said the benefits of GST rate cuts from 28 per cent to 18 per cent have been fully passed on to the customers.

The company said in a statement that as the GST rate rationalisation took effect on September 22, the benefits have been passed on to the buyers of its motorcycles with engines below 350 cc.

Classic Legends, backed by the Mahindra group, also launches a variant of Yezdi motorbike in the city.

The company has also expanded its sales and services footprint to over 450 across the country. Classic Legends plans to gain higher sales in the premium motorbikes segment. PTI dc RG

GST rate cut benefits passed on to motorcycle buyers, with manufacturer confirming full price transmission at retail. Following a central GST rate rationalisation, the manufacturer reports that the tax reduction has been fully transmitted to purchasers of motorcycles below the specified engine-capacity threshold, reflecting implementation of the tax-policy change at point of sale across its national sales and service network.