HS Code of 401035 (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 401035 (CONVEYOR OR TRANSMISSION BELTS OR BELTING OF VULCANISED RUBBER)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
40103510 Duty Drawback - 1.5 -
40103590 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
40103510 Endless synchronous belts of an outsidecircumference exceeding 60 cm but not exceeding 150 cm:Where the rubber compound content is less than 25% by weight 1%%
40103590 Endless synchronous belts of an outsidecircumference exceeding 60 cm but not exceeding 150 cm:Other 1%%
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