Tyres are an essential part of any vehicle, and understanding the GST rates applied to them is important for both buyers and businesses. The gst on tyres varies depending on the type of tyre and its intended use. In this blog, we’ll cover everything you need to know — including HSN codes, GST rates, and answers to commonly asked questions.
The GST rates on tyres are not the same across all vehicle types. Here’s a quick look at the applicable rates:
Tyre Type | HSN Code | GST Rate |
---|---|---|
Car Tyres | 4011.10 | 28% |
Motorcycle/Scooter | 4011.40 | 28% |
Bicycle Tyres | 4011.50 | 12% |
Bus and Truck Tyres | 4011.20 | 28% |
Agricultural Vehicles | 4011.61 | 12% |
Aircraft Tyres | 4011.90 | 18% |
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The introduction of GST brought all tyre-related taxes under one umbrella, replacing VAT, excise, and other indirect taxes. Here’s how it has impacted the tyre industry:
The consistent gst on tyres in India has made business smoother for tyre manufacturers and traders.
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Whether you’re a vehicle owner, a tyre dealer, or in the transport business, knowing the gst on tyres helps you make informed decisions. While items like bicycle and agricultural tyres enjoy a lower GST rate of 12%, others like car tyres and truck tyres are taxed at 28%.
Understanding these rates ensures better compliance and helps businesses claim Input Tax Credit. So next time you’re dealing with tyres, keep these GST slabs and HSN codes in mind.