HS Code of 490700 (UNUSED POSTAGE, REVENUE ORSIMILAR STAMPS OF CURRENT ORNEW ISSUE IN THE COUNTRY INWHICH THEY HAVE, OR WILL HAVE, ARECOGNIZED FACE VALUE; STAMP-IMPRESSED PAPER; BANK NOTES;CHEQUE FORMS; STOCK, SHARE ORBOND CERTIFICATES AND SIMILAR DOCUMENTS OF TITLE)

Description:

UNUSED POSTAGE, REVENUE ORSIMILAR STAMPS OF CURRENT ORNEW ISSUE IN THE COUNTRY INWHICH THEY HAVE, OR WILL HAVE, ARECOGNIZED FACE VALUE; STAMP-IMPRESSED PAPER; BANK NOTES;CHEQUE FORMS; STOCK, SHARE ORBOND CERTIFICATES AND SIMILAR DOCUMENTS OF TITLE.

HS codes falls under this category.

Incentives of 490700 (UNUSED POSTAGE, REVENUE ORSIMILAR STAMPS OF CURRENT ORNEW ISSUE IN THE COUNTRY INWHICH THEY HAVE, OR WILL HAVE, ARECOGNIZED FACE VALUE; STAMP-IMPRESSED PAPER; BANK NOTES;CHEQUE FORMS; STOCK, SHARE ORBOND CERTIFICATES AND SIMILAR DOCUMENTS OF TITLE)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
49070010 Duty Drawback - 1.5 -
49070020 Duty Drawback - 1.5 -
49070030 Duty Drawback - 1.5 -
49070090 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
49070010 Unused postage, revenue or similar stamps of current or new issue in the country in which they have, or will have, a recognized face value; stamp-impressed paper; bank notes; cheque forms; stock, share or bond certificates and similar documents of title:current or new issue in the country in which they have, or will have, a recognized face valueUnused postage, revenue or similar stamps of 1.1%%
49070020 Unused postage, revenue or similar stamps of current or new issue in the country in which they have, or will have, a recognized face value; stamp-impressed paper; bank notes; cheque forms; stock, share or bond certificates and similar documents of title:current or new issue in the country in which they have, or will have, a recognized face valueBank notes 1.1%%
49070030 Unused postage, revenue or similar stamps of current or new issue in the country in which they have, or will have, a recognized face value; stamp-impressed paper; bank notes; cheque forms; stock, share or bond certificates and similar documents of title:current or new issue in the country in which they have, or will have, a recognized face valueDocuments of title conveying the right to use Information Technology software 1.1%%
49070090 Unused postage, revenue or similar stamps of current or new issue in the country in which they have, or will have, a recognized face value; stamp-impressed paper; bank notes; cheque forms; stock, share or bond certificates and similar documents of title:current or new issue in the country in which they have, or will have, a recognized face valueOther 1.1%%
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