New Delhi, Jul 3 (PTI) Honda Cars India has brought down prices of its models by up to ₹ 1.31 lakh with immediate effect to help customers reap GST benefit.

The company has cut price of its hatchback Brio by up to ₹ 12,279 and that of compact sedan Amaze by up to ₹ 14,825.

Besides, it has slashed price of Jazz by up to ₹ 10,031 and that of its recently launched model WR-V by up to ₹ 10,064.

Price of mid-sized sedan City has been reduced in the range of ₹ 16,510 and ₹ 28,005. The BR-V prices will come down by up to ₹ 30,387.

Its premium SUV CR-V has also seen a price drop of up to ₹ 1,31,663. Honda is yet to decide on the revised pricing of Accord Hybrid.

The revised prices are for ex-showroom Delhi and will vary from state to state.

Already, various automakers such as Ford, Maruti Suzuki, Toyota, Jaguar Land Rover and BMW have effected price cuts to transmit the GST relief down the line.

GST transmission prompts automaker to lower ex-showroom vehicle prices to pass tax relief to consumers across models. GST transmission: Honda Cars India implemented immediate ex-showroom Delhi price reductions across multiple passenger vehicle models to pass on the benefit of the goods and services tax transition to consumers, with specific reductions by model and one hybrid model pending final pricing; revised prices will vary by state and reflect regional tax and dealer factors.