Suzuki Motorcycle India has announced a price reduction on its flagship bike, the Hayabusa and the GSX-R1000 in India post the duty reductions. This comes after the Central Board of Excise and Customs (CBEC) announced a reduction in customs duty for all CBU motorcycles and the new limit is set at 50%. Suzuki has decided to pass on the price benefit to the customers directly.
With the new tax regime in place, the Suzuki GSX-R1000, which is sold as a Completely Built Unit (CBU) in India gets a price drop of Rs. 2.2 lakh. The bike is now priced at Rs. 19.8 lakh as against Rs 22 lakh, ex-showroom earlier. The Hayabusa, which is already assembled in India and comes here through the CKD (Completely Knocked Down) route gets a much lesser price cut of Rs. 28,000 and is now available at a price of Rs. 13.58 lakhs, ex-showroom.
Earlier, Yamaha announced the price reduction of bikes like the Yamaha YZF-R1 and the MT-09 in India. Other motorcycle manufacturers may also follow the suite soon and announce new reduced prices of the motorcycles.
Earlier, a customer had to pay 60% tax on the motorcycles of 800cc or less and 75% for the more than 800cc CBU models. For CKD models, the tax was different. For the bikes which do not get engine and gearbox mounted on the bike but in pre-assembled form had 30% tax. It now comes down to 25%. For the bikes, which do not get the pre-assembled condition, the duty increases to 15% from earlier 10%.
The Suzuki Hayabusa is assembled in India. It is a sports tourer and has a huge fan following in India. The bike is powered by 1,340cc, in-line four-cylinder, liquid-cooled engine. It produces a maximum power of 196 Bhp and 154 Nm of torque. The bike gets Suzuki Drive Mode Selector (S-DMS) that has three riding modes. The modes can be shifted to get different throttle response and power delivery.
The Suzuki GSX-R1000 is the flagship track-oriented motorcycle of the Japanese brand. It is powered by a 1,000cc liquid-cooled inline four-cylinder engine that develops a maximum power of 202 Bhp and maximum torque of 117.6 Nm. The immense power of the motorcycle translates into insane 1,000 hp per tonne.