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JK Tyre has reduced tyre prices for commercial vehicles, following a two per cent excise duty cut announced by the government yesterday.
The company will reduce the truck-tyre prices in the range of Rs 12-175 per tyre, while the prices of other commercial vehicles' tyres will be reduced by 1.5 per cent. However, the car-tyre prices will not be reduced.
"We are not touching the car-tyre prices because we have already reduced them twice in January," JK Tyre Marketing Director A S Mehta said.
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