HS Code of 401034 (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 401034 (CONVEYOR OR TRANSMISSION BELTS OR BELTING OF VULCANISED RUBBER)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
40103410 Duty Drawback - 1.5 -
40103490 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
40103410 Endless transmission belts of trapezoidal crosssection (V-belts), other than 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%%
40103490 Endless transmission belts of trapezoidal crosssection (V-belts), other than V- ribbed, of an outside circumference exceeding 180 cm but not exceeding 240 cm:Other 1%%
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