HMSI effects price cut of up to Rs 5,500 after GST switch

Image
Press Trust of India New Delhi
Last Updated : Jul 03 2017 | 4:02 PM IST
Honda Motorcycle and Scooter India (HMSI) has reduced prices of its two-wheelers by up to Rs 5,500 to enable its customers to avail the GST advantage.
"Starting July 1, Honda is passing on the GST benefit applicable in most of the states to our valued customers who now get significant savings going up to Rs 5,500 depending on the model and the state of purchase," HMSI Senior Vice- President, sales and marketing, Yadvinder Singh Guleria today said in a statement.
In June, the company sold a total of 4,44,713 units, up 4 per cent, from 4,27,222 in the same month last year. In domestic market, the company sold a total of 4,16,498 units, up 2 per cent from 4,07,979 in the year-ago period.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 03 2017 | 4:02 PM IST

Next Story