HS Code of 401220 (RETREADED OR USED PNEUMATICTYRES OF RUBBER, SOLID OR CUSHIONTYRES, TYRE TREADS AND TYRE FLAPS, OF RUBBER)

Description:

RETREADED OR USED PNEUMATICTYRES OF RUBBER, SOLID OR CUSHIONTYRES, TYRE TREADS AND TYRE FLAPS, OF RUBBER.

HS codes falls under this category.

Incentives of 401220 (RETREADED OR USED PNEUMATICTYRES OF RUBBER, SOLID OR CUSHIONTYRES, TYRE TREADS AND TYRE FLAPS, OF RUBBER)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
40122010 Duty Drawback - 1.5 -
40122020 Duty Drawback - 1.5 -
40122090 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
40122010 Used pneumatic tyres:For buses, lorries and earth moving equipment including light commercial vehicles 0.5%%
40122020 Used pneumatic tyres:For passenger automobile vehicles, including two wheelers, three wheelers and personal type vehicles 0.5%%
40122090 Used pneumatic tyres:Other 0.5%%
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