GST cess: Honda hikes prices of models by up to ₹89,069

The revised prices became effective from September 11, due to the additional compensation cess in GST ranging between 2-7 per cent, Honda Cars India Ltd (HCIL) said in a statement.

The company has increased the price of its mid-sized sedan City between Rs 7,003 and Rs 18,791 depending on various variants. The prices of SUV BR-V have been hiked ranging between Rs 12,490 and Rs 18,242.

Similarly, the company has raised prices of its premium SUV CR-V ranging between Rs 75,304 and Rs 89,069.

Earlier, this week Toyota Kirloskar Motor (TKM) had announced hike in prices of select models, including Innova Crysta and premium SUV Fortuner, ranging from Rs 13,000 to Rs 1.6 lakh.

The company has increased the price of Innova Crysta by around Rs 78,000, Corolla Altis by Rs 72,000, Etios Platinum by Rs 13,000 and Fortuner by Rs 1.6 lakh.