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.

55070010 55070020 55070030 55070040 55070090

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%%