Honda Elevate Price After GST Cut - Old vs New Price of Elevate

Published on 19 Sept, 2025, 5:42 AM IST
Updated on 19 Sept, 2025, 5:54 AM IST
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The Honda Elevate has quickly gained popularity in India’s mid-size SUV market, thanks to its bold styling, spacious cabin, and the proven 1.5-litre i-VTEC petrol engine. Built for urban families and young professionals, the Elevate combines Honda’s reputation for refinement with the practicality of a modern SUV. Positioned as a rival to segment leaders like the Hyundai Creta and Kia Seltos, it offers a premium driving experience at a competitive price.

Until recently, however, SUVs like the Honda Elevate were burdened with a steep tax structure. Under the old GST system, mid-size petrol cars and SUVs longer than 4 metres with engines up to 1.5 litres attracted 28% GST plus 17% cess, bringing the total to 45%. This meant buyers paid significantly more in taxes, inflating the ex-showroom price.

With the introduction of GST 2.0, effective September 22, 2025, the cess has been scrapped and replaced with a flat 40% GST rate. This results in a 5% reduction in tax, directly resulting in a price cut of ₹8,000–₹58,000, depending on the variant. This makes the Elevate a stronger value proposition for buyers looking to own a stylish and reliable mid-size SUV.

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Honda Elevate (Petrol Variants) New Prices after the GST Cut

The Honda Elevate is powered exclusively by a 1.5-litre petrol engine paired with manual and CVT transmission options. Under the older tax structure, this SUV attracted a total of 45% tax (28% GST + 17% cess). With GST 2.0, the tax rate has been reduced to a flat 40%, resulting in a 5% drop in tax. For buyers, this translates into noticeable savings while still enjoying Honda’s signature refinement and durability.

Elevate Variant

Old Price (Ex-showroom)

New Price (Ex-showroom)

Reduction

Reduction (%)

ZX-R CVT Dual Tone

₹16,91,000

₹16,32,689

₹58,311

3.45%

ZX-R CVT Dual Tone (Metallic)

₹16,83,000

₹16,24,965

₹58,035

3.45%

ZX Black Edition CVT

₹16,73,000

₹16,15,310

₹57,690

3.45%

ZX-R CVT

₹16,71,000

₹16,13,379

₹57,621

3.45%

ZX-R CVT (Metallic)

₹16,63,000

₹16,05,655

₹57,345

3.45%

ZX Black Edition

₹15,51,000

₹14,97,517

₹53,483

3.45%

ZX-R

₹15,49,000

₹14,95,586

₹53,414

3.45%

VX Apex Edition CVT

₹15,41,700

₹14,88,538

₹53,162

3.45%

ZX-R (Metallic)

₹15,41,000

₹14,87,862

₹53,138

3.45%

VX-R CVT

₹15,38,000

₹14,84,965

₹53,035

3.45%

VX Apex Edition CVT (Metallic)

₹15,33,700

₹14,80,814

₹52,886

3.45%

VX-R CVT (Metallic)

₹15,30,000

₹14,77,241

₹52,759

3.45%

VX Apex Edition

₹14,21,700

₹13,72,676

₹49,024

3.45%

VX-R

₹14,18,000

₹13,69,103

₹48,897

3.45%

VX Apex Edition (Metallic)

₹14,13,700

₹13,64,951

₹48,749

3.45%

VX-R (Metallic)

₹14,10,000

₹13,61,379

₹48,621

3.45%

SV-R

₹11,99,000

₹11,57,655

₹41,345

3.45%

SV-R (Metallic)

₹11,91,000

₹11,49,931

₹41,069

3.45%

V-R CVT

₹13,67,000

₹13,50,758

₹16,242

1.19%

V-R CVT (Metallic)

₹13,59,000

₹13,43,034

₹15,966

1.17%

V Apex Edition CVT

₹13,67,000

₹13,54,331

₹12,669

0.93%

V Apex Edition CVT (Metallic)

₹13,59,000

₹13,46,607

₹12,393

0.91%

V-R

₹12,47,000

₹12,34,896

₹12,104

0.97%

V-R (Metallic)

₹12,39,000

₹12,27,172

₹11,828

0.95%

V Apex Edition

₹12,47,000

₹12,38,469

₹8,531

0.68%

V Apex Edition (Metallic)

₹12,39,000

₹12,30,745

₹8,255

0.67%

Why have the prices been reduced for the Honda Elevate?

The Honda Elevate belongs to the mid-size car/SUV category, where vehicles over 4 metres with engines up to 1500cc were previously subject to both GST and cess. Here’s how the tax structure has changed for this category and has resulted in a price drop on all Elevate variants.

Category

Old GST

Old Cess

Old Total Tax

New GST

New Total Tax

Change in Tax

Mid-size cars (up to 1,500cc)

28%

17%

45%

40%

40%

5% lower than before


The GST 2.0 reform has reduced buyers' ownership costs by simplifying the tax rate to 40% with no cess. This makes the Honda Elevate more competitive against its direct rivals, all of which benefit from the same tax cut.

When are the new rates applicable?

The revised GST rates are applicable from September 22, 2025. Any Honda Elevate variant invoiced, billed, or delivered after this date will carry the reduced ex-showroom price under the 40% GST regime.

If you are planning to get the Honda Elevate, this is the right time. With the GST 2.0 policy, you can save up to ₹58,000, depending on the variant you buy.

Disclaimer: The new prices mentioned in this article are tentative and based on the revised GST rates applicable from 22 September 2025. Final ex-showroom prices may vary slightly as manufacturers and dealerships update their pricing structures in line with the new taxation policy.

Frequently Asked Questions

Here are a few common questions and their answers about the Honda Elevate price drop due to the GST cut.

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How much has the Honda Elevate price reduced after GST 2.0?

Depending on the variant, the price of the Elevate has dropped by ₹8,000 to ₹58,000.

What was the old tax rate on the Honda Elevate?

The Elevate was earlier taxed at 28% GST + 17% cess, totalling 45%.

What is the new GST rate for the Honda Elevate?

From September 22, 2025, Elevate will be taxed at a flat 40% GST, with no cess.

Will the on-road price also decrease, or just the ex-showroom price?

Both will decrease. Since the ex-showroom price forms the basis for insurance, road tax, and registration, the total cost of ownership is now lower.

Is GST 2.0 a temporary discount or a permanent policy?

GST 2.0 is a permanent tax reform until the government revises the slabs again. This is not a temporary festive discount.

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Honda Elevate Price After GST Cut - Old vs New