Nissan Magnite Gets Price Cut of Up to Rs 1 Lakh After GST Update

Nissan has slashed the prices of its compact SUV, the Magnite, as part of its response to the GST 2.0 revision. The most significant benefit is seen in the top-end Turbo CVT Tekna+ variant, which is now priced at Rs 10.76 lakh (ex-showroom), marking a notable reduction of Rs 1 lakh from its previous price of Rs 11.76 lakh. The updated pricing reflects the company's aim to stay competitive in the crowded sub-4m SUV market. It enhances the Magnite value proposition, making it one of the most affordable options in the segment. The revised prices for the Nissan Magnite will come into effect for all deliveries made on or after September 22, 2025. However, customers can make reservations for the model at the new, lower rates with an immediate effect across all authorised dealerships in India. 

Commenting on the announcement, Saurabh Vatsa, Managing Director, Nissan Motor India, said, 'This GST reduction is a timely stimulus for the automotive industry and a direct win for our customers.'

Also Read: Nissan Magnite Kuro Edition vs Standard Model: Key Differences Explained

He also added, 'At Nissan, we are committed to passing on the entire advantage of this policy to consumers, ensuring greater affordability and accessibility. As we approach the festive season, a traditionally vibrant period for the market, we anticipate this measure will boost consumer enthusiasm and help drive sustained momentum in the automotive sector.'

Here's a revised price list of Nissan's compact SUV.