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.
| 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 | - |
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%% |
Copyright @2024 The Dollar Business. All rights reserved.
Ready to find out more? We're here to help.
Still confused? Learn more here
Ready to find out more? We're here to help.
