HS Code of 401036 (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 401036 (CONVEYOR OR TRANSMISSION BELTS OR BELTING OF VULCANISED RUBBER)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
40103610 Duty Drawback - 1.5 -
40103690 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
40103610 Endless synchronous belts of an outside circumference exceeding 150 cm but not exceeding 198 cm:Where the rubber compound content is less than 25% by weight 1%%
40103690 Endless synchronous belts of an outside circumference exceeding 150 cm but not exceeding 198 cm:Other 1%%
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