HS Code of 540490 (SYNTHETIC MONOFILAMENT OF 67DECITEX OR MORE AND OF WHICH NOCROSS-SECTIONAL DIMENSIONEXCEEDS 1 MM; STRIP AND THE LIKE(FOR EXAMPLE, ARTIFICIAL STRAW)OF SYNTHETIC TEXTILE MATERIALSOF AN APPARENT WIDTH NOT EXCEEDING 5 MM)

Description:

SYNTHETIC MONOFILAMENT OF 67DECITEX OR MORE AND OF WHICH NOCROSS-SECTIONAL DIMENSIONEXCEEDS 1 MM; STRIP AND THE LIKE(FOR EXAMPLE, ARTIFICIAL STRAW)OF SYNTHETIC TEXTILE MATERIALSOF AN APPARENT WIDTH NOT EXCEEDING 5 MM.

HS codes falls under this category.

Incentives of 540490 (SYNTHETIC MONOFILAMENT OF 67DECITEX OR MORE AND OF WHICH NOCROSS-SECTIONAL DIMENSIONEXCEEDS 1 MM; STRIP AND THE LIKE(FOR EXAMPLE, ARTIFICIAL STRAW)OF SYNTHETIC TEXTILE MATERIALSOF AN APPARENT WIDTH NOT EXCEEDING 5 MM)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
54049010 Duty Drawback - 1.5 -
54049020 Duty Drawback - 1.5 -
54049090 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
54049010 Other:Catgut imitation of synthetic yarn, non-sterile 1%%
54049020 Other:Strip and the like of synthetic fibre materials 1%%
54049090 Other 1%%
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