There have been reports of a cost increment of 1 percent on bikes in light of the GST sections, and organizations have been attempting to ascertain the correct effect of the new expense structure.
Costs of models, for example, Unicorn and Honda Activa is set to be sliced by up to 3 to 5 percent with the reception of GST. The progressions are set to be executed on July 1, 2017, the compelling date for GST to be taken off by the focal government.
Big companies like Royal Enfield and Bajaj Auto have officially rolled the normal advantages of GST to purchasers, while Honda Motorcycles and Scooters Ltd. (HMSL) will cut costs beginning July 20Hond17.
Since the value slice will contrast from state to state and item to the item we anticipate that it will go between 3-5 percent on a normal. Whatever advantage there is (emerging from GST) we will pass it on to the client, said YS Guleria, Senior Vice President, Sales and Marketing, Honda Motorcycle and Scooter India.
Royal Enfield and Bajaj Auto has reported value amendment of their bikes, others, for example, TVS Motors, Hero MotoCorp, Suzuki, and Yamaha India are likewise anticipated that would declare the value change from 1st of July, 2017.
If you are thinking to buy Honda Activa, Unicorn or other models of Honda, you can get benefits after 1st of July, 2017.