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%% |