scorecardresearch
Clear all
Search

COMPANIES

No Data Found

NEWS

No Data Found
Sign in Subscribe
Honda cuts two-wheeler prices by up to Rs 7,600

Honda cuts two-wheeler prices by up to Rs 7,600

"Honda welcomes excise duty relief given to auto industry in the interim Budget... Honda has decided to pass the full benefit of 4 per cent excise duty reduction on two-wheelers to its valued customers across India with immediate effect," HMSI said in a statement.

Honda CBR 250 R Honda CBR 250 R

Honda Motorcycle & Scooter India (HMSI) on Tuesday cut prices of its products by up to Rs 7,600 after the excise duty reduction announced in the Interim Budget 2014-15.

"Honda welcomes excise duty relief given to auto industry in the interim Budget... Honda has decided to pass the full benefit of 4 per cent excise duty reduction on two-wheelers to its valued customers across India with immediate effect," HMSI said in a statement.

INTERIM BUDGET 2014-15: Key highlights

The price benefit starts from minimum of Rs 1,600 on Dream Neo motorcycle, priced between Rs 43,150 and Rs 47,289, and goes up to Rs 7,600 on CBR 250R performance bike tagged between Rs 1.58 lakh and Rs 1.93 lakh (ex-showroom Delhi).

HMSI sells a range of scooters including the Activa and Deo, and motorcycles such as Dream Yuga, CB Stunner, CB Unicorn and CB Twister among others.

FULL COVERAGE: The Great Indian Budget

Presenting the Budget on Monday, Finance Minister P Chidambaram announced reduction in excise duty on small car, motorcycles, scooter and commercial vehicles to 8 per cent from 12 per cent, and on SUVs to 24 per cent from 30 per cent.

Large cars also saw excise reduction to 24 per cent from 27 per cent earlier, and mid sized cars to 20 per cent from 24 per cent.

Published on: Feb 18, 2014, 7:05 PM IST
×
Advertisement