Honda Motorcycle & Scooter India (HMSI) announced that it will pass on the full benefits of the recent GST rate reduction to its customers across its product portfolio. This will include both scooters and motorcycles up to 350cc category. Following the GST Council's decision to reduce GST on two-wheelers from 28% to 18%, HMSI customers will now enjoy significant ex-showroom price savings of up to Rs 18,800, depending on the model.
Commenting on the announcement, Mr. Yogesh Mathur, Director, Sales & Marketing, HMSI, said, "We welcome the Indian government's recent GST reform. This strategic initiative will not only improve personal mobility, but also boost the economic growth. The reduction in GST on two-wheelers and spare parts is a timely and forward-looking step, making vehicles more affordable and strengthening the overall ecosystem.
HMSI is fully committed to passing on the benefit to our customers. With the festive season approaching, this move will help us reach a wider audience in both urban and rural markets. This rationalization not only supports customers but also strengthens the entire value chain, positively impacting dealers, suppliers, and local businesses. Simultaneously, we are evaluating the impact of the new 40% GST slab on our premium motorcycles to ensure a balanced, customer-focused approach across our portfolio.
HMSI remains focused on delivering advanced and reliable mobility solutions, and we deeply appreciate the government's continued support for the industry and its consumers."
The model-wise GST benefits on the ex-showroom Delhi price are mentioned in the table below. For exact details of the price reduction on each model, customers can visit their nearest authorized Honda dealership.
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