GST Rate Cut: Apollo Tyres Reduces Prices by up to ₹2,000

The Goods and Services Tax (GST) Council has revised tax rates on tyres, bringing down the levy on new pneumatic tyres from 28% to 18%, while tractor tyres and tubes will now be taxed at just 5%. 

As per the news reports, Apollo Tyres has confirmed it will pass on the benefits of the GST reduction directly to customers through a significant cut in tyre prices, as per the news reports.

GST Rate Revision and Its Impact

The rate adjustment by the GST Council marks a substantial relief for both manufacturers and consumers. With the reduction, new pneumatic tyres become more affordable, and agricultural equipment users will benefit from the lower 5% tax rate on tractor tyres and tubes. The move is expected to ease input costs for industries dependent on transportation and agriculture, while also boosting consumer demand.

Apollo Tyres’ Price Reductions

Starting September 22, Apollo Tyres will lower product prices between ₹300 and ₹2,000, depending on the segment. Passenger vehicle tyres are set to see a reduction of ₹300–₹1,500, while truck and bus radial tyres will drop by nearly ₹2,000. 

As per the news reports, Rajesh Dahiya, Vice President, Commercial (India, SAARC and Southeast Asia) at Apollo Tyres, said the revised pricing will apply across all product lines, including passenger cars, commercial vehicles, agricultural tyres, and two-wheelers.

Read More: Apollo Tyres Share Price in Focus on Team India Sponsorship News!

Apollo Tyres Share Price Performance 

As of September 18, 2025, at 11:24 AM, Apollo Tyres share price is trading at ₹482.45 per share, reflecting a decline of 0.21% from the previous day's closing price. 

Conclusion

The combination of lower GST rates and Apollo Tyres’ proactive price adjustment is likely to provide cost savings for customers and stimulate demand across the tyre industry. This move not only benefits end-users but also strengthens Apollo Tyres’ competitive edge in a market where affordability is crucial.

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