Honda Slashes Prices: Two-Wheelers Now More Affordable!

Honda Motorcycle & Scooter India is reducing prices on its models up to 350 cc by Rs 18,800, following a GST rate reduction. This decision passes the tax benefits onto customers, making their motorcycles and scooters more affordable. The GST on two-wheelers was cut from 28% to 18%.

Honda Motorcycle & Scooter India (HMSI) announced a significant price reduction for its two-wheelers up to 350 cc, with prices dropping by as much as Rs 18,800.

This move follows a recent decision by the GST Council to reduce the tax rate on two-wheelers from 28% to 18%, a measure designed to benefit customers and strengthen the market.

HMSI's decision reflects a commitment to passing on the full benefit of the GST rate cut to its customers, providing substantial savings and promoting affordability in the two-wheeler segment, according to HMSI Director of Sales & Marketing, Yogesh Mathur.

(With inputs from agencies.)