GST Rate Cut on Tyres: Tax Slashed from 28% to 18% to Reduce Vehicle Operating Costs
The GST rate cut on tyres from 28% to 18%, effective from September 22, 2025, marks a significant policy shift that will bring substantial relief to millions of vehicle owners, logistics operators, and the broader transportation ecosystem. The Automotive Tyre Manufacturers’ Association (ATMA) has welcomed this long-awaited decision, emphasizing its positive impact on affordability, road safety, and … Read more