GST Price Cut: Honda Elevate Price Dropped By Rs 57,700
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Honda Elevate price has been reduced by up to Rs 57,700, due to new GST 2.0 reforms in India. This makes the Elevate a stronger value proposition for buyers looking to own a stylish and reliable mid-size SUV.
The tax rate for this category of vehicle (cars over 4 meters in length with an engine capacity up to 1,500cc) has been reduced from approximately 45% ( 28% GST + 17% Compensation Cess) to a flat 40% GST (with no cess).
In this article, lets take a look at the updated price of Honda Elevate:
| Honda Elevate — GST 2.0 Price List | |||
|---|---|---|---|
| 1.5L Normal Petrol-Manual | |||
| Variant | Old Price | Difference | New Price |
| V | Rs. 13,59,000 | -Rs. 46,900 | Rs. 13,12,100 |
| VX | Rs. 15,33,700 | -Rs. 56,500 | Rs. 14,77,200 |
| Zx | Rs. 16,63,000 | -Rs. 57,400 | Rs. 16,05,600 |
| ZX Black | Rs. 16,73,000 | -Rs. 57,700 | Rs. 16,15,300 |
| 1.5L Normal Petrol-Auto (CVT) | |||
| Variant | Old Price | Difference | New Price |
| SV | Rs. 11,91,000 | -Rs. 91,100 | Rs. 10,99,900 |
| V | Rs. 12,39,000 | -Rs. 42,800 | Rs. 11,96,200 |
| VX | Rs. 14,13,000 | -Rs. 51,700 | Rs. 13,61,300 |
| ZX | Rs. 15,41,000 | -Rs. 53,200 | Rs. 14,87,800 |
| ZX Black | Rs. 15,51,000 | -Rs. 53,500 | Rs. 14,97,500 |
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