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Excise duty on tires and tubes India FY 2010-2017

In fiscal year 2017, the excise duty on tires and tubes across India amounted to around 21 billion Indian rupees, down from around 24 billion rupees in the previous year. That year, about 87 percent of the tax revenue was generated from high speed diesel and motor spirit by the central government. Road tax across the country continued to stay above the goods and services tax.

Excise duty on tires and tubes in India from financial year 2010 to 2017

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Source

Release date

January 2020

Region

India

Survey time period

FY 2010 to FY 2017

Supplementary notes

Note: India's financial year begins in April and ends in March. For example, FY 2016 started in April 2015 and ended in March 2016.

Note: One Indian rupee is equal to 0.013 U.S. dollars and 0.012 euros (as of May 2020).

Values have been rounded for clarity.

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