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of <h1>Tax on New Pneumatic Rubber Tyres Set at 28% IGST, 14% CGST and SGST; Aircraft Tyres Excluded Since Nov 2017</h1> New pneumatic tyres made of rubber, excluding those used on bicycles, cycle-rickshaws, three-wheeled powered cycle rickshaws, rear tractor tyres, and aircraft, are subject to a tax rate of 28% under the Integrated Goods and Services Tax (IGST) and 14% each under the Central Goods and Services Tax (CGST) and State/Union Territory Goods and Services Tax (SGST/UTGST). An amendment effective from November 15, 2017, added tyres used on aircraft to the list of exclusions.
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