HS Code of 401011 (CONVEYOR OR TRANSMISSION BELTS OR BELTING OF VULCANISED RUBBER)

Description:

CONVEYOR OR TRANSMISSION BELTS OR BELTING OF VULCANISED RUBBER.

HS codes falls under this category.

Incentives of 401011 (CONVEYOR OR TRANSMISSION BELTS OR BELTING OF VULCANISED RUBBER)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
40101110 Duty Drawback - 1.5 -
40101190 Duty Drawback - 1.5 -

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
40101110 Conveyor belts or belting:Reinforced only with metal:Where the rubber compound content is less than 25% by weight 1%%
40101190 Conveyor belts or belting:Reinforced only with metal:Other 1%%
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