11% VAT Applies From April, Honda Motorcycle Prices Rise

Jakarta

The Ministry of Finance has officially announced an increase in the rate of Value Added Tax (VAT) from the initial 10% to 11% since Friday (1/4/2022). The increase in VAT also had an impact on the price of Honda motorcycles.

Previously, it was reported that the VAT adjustment to 11% was a mandate from Law Number 7 of 2021 concerning the Harmonization of Tax Regulations (UU HPP). Even so, the government still provides exemption from the 11% VAT rate on some goods and services. Including groceries or basic materials needed by the community.

However, the increase in VAT to 11% also had an impact on the price of Honda motorcycles. According to one of the sales at the Honda dealer, he said that the increase in the price of Honda motorcycles will take effect from April 1, 2022.

“As of April 1 onwards, the price of Honda motorcycles will increase in OTR (On the Road) prices in all units,” said the Honda salesperson when contacted by detikcom, Saturday (2/4/2022).

Furthermore, the salesperson said that the soaring price of Honda motorcycles was the effect of the government’s 11% increase in VAT.

“Because BBN and 11 percent VAT finally went up,” he said.

PT Astra Honda Motor released its latest flagship scooter, Honda Vario 160, Wednesday (2/2/2022).  This scooter gets an update in terms of features, eSAF frame, design, and also the ESP+ engine.PT Astra Honda Motor released its latest flagship scooter, Honda Vario 160, Wednesday (2/2/2022). This scooter gets an update in terms of features, eSAF frame, design, and also the ESP+ engine. Photo: Agung Pambudhy

To confirm the news, the detikOto team then visited the Astra Honda Motor website to see the latest motorcycle prices as of April 2022. As a result, the price of Honda motorcycles did increase.

For example, Honda Genio experienced a significant price increase when compared to last March. Previously, the Honda Genio CBS was priced at IDR 18,050,000, but as of April 2022 the price reached IDR 18,530,000.

The price of the Honda Genio CBS-ISS model has also increased, previously this type was priced at Rp. 18,650,000. However, the OTR price for DKI as of April 2022 shows a figure of Rp. 19,125,000.

For more details, here are the latest prices for Honda automatic motorcycles as of April 2022:

Honda Beat

BEAT CBS Rp. 17,270,000

BEAT Street Rp. 17,926,000

BEAT CBS ISS Rp. 17,976,000

BEAT Deluxe Rp. 18,122,000

Honda Genio

Genio CBS Rp. 18,530,000

Genio CBS-ISS Rp. 19,125,000

Honda Scoopy

Scoopy Fashion Rp. 21.003,000

Scoopy Sporty Rp. 21.003,000

Scoopy Prestige Rp. 21,765,000

Scoopy Stylish Rp. 21,765,000

Honda Vario 125 and 160

Vario 125 CBS Rp. 21,659,000

Vario 125 CBS-ISS Rp. 22,570,000

Vario 125 CBS-ISS Special Color Rp. 22,731,000

Vario 160 CBS Rp. 25,989,000

Vario 160 ABS Rp. 28,714,000

Honda PCX

PCX – CBS Rp. 31,729,000

PCX – ABS Rp. 35,160,000

PCX e:HEV Rp. 44,695,000

Honda ADV 150

ADV 150 – CBS Rp. 35,693,000

ADV 150 – ABS Rp. 38,832,000

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