HS Code of 550700 (ARTIFICIAL STAPLE FIBRES, CARDED, COMBED OR OTHERWISE PROCESSED FOR SPINNING)

Description:

ARTIFICIAL STAPLE FIBRES, CARDED, COMBED OR OTHERWISE PROCESSED FOR SPINNING.

HS codes falls under this category.

Incentives of 550700 (ARTIFICIAL STAPLE FIBRES, CARDED, COMBED OR OTHERWISE PROCESSED FOR SPINNING)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
55070010 Duty Drawback - 1.5 -
55070020 Duty Drawback - 1.5 -
55070030 Duty Drawback - 1.5 -
55070040 Duty Drawback - 1.5 -
55070090 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
55070010 Artificial staple fibres, carded, combed or otherwise processed for spinning:Acetate rayon tops 0.9%%
55070020 Artificial staple fibres, carded, combed or otherwise processed for spinning:Viscose tops 0.9%%
55070030 Artificial staple fibres, carded, combed or otherwise processed for spinning:Polynosic tops 0.9%%
55070040 Artificial staple fibres, carded, combed or otherwise processed for spinning:High wet modulus tops 0.9%%
55070090 Artificial staple fibres, carded, combed or otherwise processed for spinning:Other 0.9%%
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