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Anticipated Honda City Price in Pakistan Post 25% GST Hike

Anticipated Honda City Price in Pakistan Post 25% GST Hike

The newly formed federal government in Pakistan has officially notified an increase in the general sales tax (GST) on cars valued above Rs4 million or with an engine capacity above 1400cc. The move is expected to impact auto manufacturers in the country, including Honda, which may revise the prices of their vehicles to align with the seven percent increase in GST. The government has raised the GST from 18% to 25% as part of efforts to boost revenue collection.

Read More: KIA Raises Car Prices In Pakistan For 2024

One of the popular choices among car enthusiasts in Pakistan is the Honda City, known for its elegant design, smooth driving, spacious cabin, and powerful engine. The variants of Honda City available in the country include Honda City 1.2 MT, Honda City 1.2 CVT, Honda City 1.5LS CVT, Aspire 1.5LAS MT, and Aspire 1.5LAS CVT. It is customary for carmakers to pass on the burden of increased GST to consumers by revising the prices of variants with a value above Rs4 million or with an engine capacity exceeding 1400cc. The new prices are expected to be announced by the companies after incorporating the additional 7% GST.