Central Government Updates Excise Duties on Tyres and Tubes under Central Excises and Salt Act, 1944
The Central Government, under the Central Excises and Salt Act, 1944, has amended the 1989 notification regarding excise duties on tyres and tubes. The updated notification specifies the excise duty rates for various types of tyres and tubes, categorized by vehicle type and size. For instance, tyres for mopeds are set at 25 rupees, while those for saloon cars range from 210 to 265 rupees depending on rim size. The rates for tubes vary similarly, with specific duties for different vehicle types and sizes, such as 8 rupees for two-wheeled motor vehicles and up to 490 rupees for off-road equipment.
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