Although exact prices are yet to be revealed, Lexus has announced model-wise reductions, with the Lexus LX 500d receiving the highest price drop of up to Rs 20.80 lakh.
By Sanorita

Lexus India has announced price cuts across the range following the latest update to the country’s GST system. Although exact prices are still under wraps, the company has revealed model-wise reductions, and the Lexus LX 500d has seen the biggest price drop of up to Rs 20.80 lakh. The new prices will come into effect from September 22, 2025, onwards.
The new GST 2.0 has capped the effective tax rate on luxury vehicles at 40%, down from the previous combined GST and cess rate of nearly 50%. The move could benefit the premium Lexus buyers, as rates will now be significantly lower. The price reduction of luxury models will help Lexus attract more buyers, and strengthen its position among key competitors such as Audi, BMW, and Mercedes-Benz.
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Here are model-wise price reductions.
| Model | Reductions in Price (Up to) |
| ES 300h | Rs 1.47 lakh |
| NX 350h | Rs 1.58 lakh |
| RX 350h | Rs 2.10 lakh |
| RX 500h | Rs 2.58 lakh |
| LM 350h | Rs 5.77 lakh |
| LX 500d | Rs 20.80 lakh |
Commenting on the announcement, Hikaru Ikeuchi, President, Lexus India, said, 'We sincerely thank the Government of India for this historic reform and are delighted to extend the full benefit of the GST rate reduction to our valued guests across the country. This initiative enhances accessibility and instills greater confidence in the luxury mobility space. Coming at the onset of the festive season, it will spark joy and create new opportunities for our guests to experience the Lexus range of vehicles.'
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He also added 'At Lexus, every decision is guided by the spirit of Omotenashi—our unique approach to anticipating and fulfilling our guests’ needs while delivering truly meaningful experiences. By extending these benefits in full, we celebrate this reform and reaffirm our promise to make Lexus ownership both memorable and deeply personal.