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JK Tyre reduces product prices

CHENNAI: JK Tyre and Industries has decided to pass on the entire benefit of tax reduction announced in the budget to the consumers by reducing the prices.

The budget has reduced Cenvat duty on tyres/tubes/flaps. The price reduction will be applicable for the entire range of the company’s products, that is, truck bias, truck radial, LCV radial, LCV bias, car radial, car bias and farm tyres.

The reduction would be effective from Saturday, says a release from the company.

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