HS Code of 120242 (GROUND-NUT, NOT ROASTED OR OTHERWISE COOKED, WHETHER OR NOT SHELLED OR BROKEN)

Description:

GROUND-NUT, NOT ROASTED OR OTHERWISE COOKED, WHETHER OR NOT SHELLED OR BROKEN.

HS codes falls under this category.

12024210 12024220 12024290

Incentives of 120242 (GROUND-NUT, NOT ROASTED OR OTHERWISE COOKED, WHETHER OR NOT SHELLED OR BROKEN)

HS Codes	Duty Drawback	Unit	Drawback Rate	Drawback cap per unit in Rs.
12024210	Duty Drawback	-	0.15	-
12024220	Duty Drawback	-	0.15	-
12024290	Duty Drawback	-	0.15	-

REWARD UNDER MERCHANDISE EXPORTS FROM India SCHEME (MEIS) [AS % ON FOB VALUE OF EXPORTS]

PLEASE NOTE: TOTAL INCENTIVE EQUALS SUM OF MEIS AND DUTY DRAWBACK.FOR INSTANCE, FOR Other FALLING UNDER HS CODE: 150290 INCENTIVES FROM THE GOVERNMENT IS 0.15%.

HS Codes	Product Description	Reward under MEIS
12024210	Shelled, whether or not broken:Kernels, H.P.S	1%%
12024220	Shelled, whether or not broken:Kernels, other	1%%
12024290	Shelled, whether or not broken:Other	1%%

Standard Input Output Norms of 120242 (GROUND-NUT, NOT ROASTED OR OTHERWISE COOKED, WHETHER OR NOT SHELLED OR BROKEN)

Product Details

Export Item	Quantity	Import Item	Qty Allowed.
Ground Nut Kernels	1 kg	Raw Jute	1.05 kg/kg content in the export product packaging
Ground Nut Kernels	1 kg	Ground Nut Kernels	1 kg	Relevant LDPE/HDPE/PP Granules	1.05 kg/kg content in the export product packaging