HS Code of 401031 (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 401031 (CONVEYOR OR TRANSMISSION BELTS OR BELTING OF VULCANISED RUBBER)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
40103110 Duty Drawback - 1.5 -
40103190 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
40103110 Transmission belts or belting:Endless transmission belts of trapezoidal crosssection (V-belts), V- ribbed, of an outside circumference exceeding 180 cm but not exceeding 240 cm:Where the rubber compound content is less than 25% by weight 1%%
40103190 Transmission belts or belting:Endless transmission belts of trapezoidal crosssection (V-belts), V- ribbed, of an outside circumference exceeding 180 cm but not exceeding 240 cm:Other 1%%
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