GaadiKey

Posted on Jun 22, 2017

Honda two Wheelers, Country’s 2nd largest two wheeler manufacturer is expected to slash the price of its scooter and motorcycle range by three to 5% post GST implementation from July 1. Government of India is fully ready for the roll-out of GST bill (Goods and Service Tax) kicking off July 1. Businesses across India have already began working on bringing the GST prices as it is mandatory from 1st of July.

Bajaj Auto, India’s popular two wheeler manufacturer to be very first in the game has already announced the GST prices for its motorcycles and scooters and has made it official that there is going to be a benefit of upto INR 4500 and is also suggesting these discounts pre-emptively even before July 1.

Honda two Wheelers is doing exceptionally well in the Indian market crossing the five lakh sales per month. All thanks to Honda Activa, the company’s top-selling model and of course the top selling automatic scooter in the industry which has contributed for the growth of Honda two Wheelers in the country. In an interview to private media channel, Mr YS Guleria, Senior vice president of Sales and Marketing of Honda Motorcycles and Scooter (HMSI) has briefed about the GST prices like this –

The price cut post the GST implementation from July one shall differ state to state and product wise. The price of Honda scooters and motorcycles might drop average in the range of 3-5%. The benefits that come from the GST will be directly passed on to the end-customer.

The current ex-showroom price of Honda Activa 4G is INR 51,172; When the GST price comes into affect the ex-showroom GST price of Honda Activa 4G is going to be in inbetween INR 48,614 to INR 49,637 (Benefits in the range of INR one thousand five hundred thirty five to INR two thousand five hundred fifty eight calculated with 3-5% discount). The GST prices of other Honda scooters and motorcycles should also see a reduction.

Honda Activa GST Price and other Honda Scooters GST Price details

• Honda Activa 4G Current Price is INR 51,172| Honda Activa 4G GST Price will be INR 49,126 post July one (Benefit of 4% = Rs 2046)

• Honda Dio Current Price is INR 49,567 | Honda Dio GST Price will be INR 47,585 post July one (Benefit of 4% = Rs 1982)
• Honda Activa one hundred twenty five Current Price is INR 57, 396| Honda Activa one hundred twenty five GST Price will be INR 55,101 post July one (Benefit of 4% = Rs two thousand two hundred ninety five )
• Honda Activa i Current Price is INR48,355 | Honda Activa i GST Price will be INR 46,421 post July one (Benefit of 4% = Rs one thousand nine hundred thirty four )
• Honda NAVI Current Price is INR 41,500 | Honda NAVI GST Price will be INR 41,334 post July one (Benefit of 4% = Rs 1660)

• Honda Aviator Current Price is INR 52,519 | Honda Aviator GST Price will be INR 50,419 post July one (Benefit of 4% = Rs two thousand one hundred )
• Honda CLIQ Current Price – | Honda CLIQ GST Price will be INR post July one (Benefit of 4%)

Honda Shine GST Price and other Honda motorcycle GST Prices

• Honda Shine Current Price 56,268 | Honda Shine GST Price will be INR 54,018 post July one (Benefit of 4% = Rs 2250)
• Honda Shine SP Current Price sixty one thousand one hundred fifty | Honda Shine SP GST Price will be INR 58, seven hundred four post July one (Benefit of 4% = Rs 2446)
• Honda Unicorn one hundred fifty Current Price 70,503| Honda Unicorn one hundred fifty GST Price will be INR 67,683 post July one (Benefit of 4% = Rs two thousand eight hundred twenty )
• Honda Unicorn one hundred sixty Current Price 73,788 | Honda Unicorn one hundred sixty GST Price will be INR 70,837 post July one (Benefit of 4% =Rs two thousand nine hundred fifty one )

• Honda Hornet one hundred sixty Current Price 82, 537| Honda Hornet one hundred sixty GST Price will be INR 79,237 post July one (Benefit of 4% = Rs 3300)

• Honda CBR150R Current Price | Honda CBR150R GST Price will be INR post July one (Benefit of 4% )
• Honda CBR250R Current Price | Honda CBR250R GST Price will be INR post July one (Benefit of 4% )
• Honda Livo Current Price 54,568 | Honda Livo GST Price will be INR 52,386 post July one (Benefit of 4% = Rs 2182)

• Honda Fantasy Yuga Current Price 51,978 | Honda Wish Yuga GST Price will be INR 49,899 post July one (Benefit of 4% = Rs two thousand seventy nine )
• Honda Wish Neo Current Price 50,324 | Honda Wish Neo GST Price will be INR 48, 312 post July one (Benefit of 4% = Rs two thousand twelve )
• Honda CD110 Current Price 45,236 | Honda CD110 GST Price will be INR 43,427 post July one (Benefit of 4% = Rs 1809)

PS: All the prices are calculated as per ex-showroom Delhi and 4% benefit because of GST.

In the other news the prices of motorcycles with engine capacity more than 350cc shall attract an extra cess of 3% after the 28% duty under GST. The GST price on higher CC bikes shall affect brands like Royal Enfield, Bajaj-KTM who sell premium motorcycles that are assembled in India. Other two wheeler manufacturers in India like Yamaha, TVS Motor Company, Hero Motocorp will be slashing the prices accordingly and bring out the GST prices from 1st of July 2017.

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