HS-Code Description
HS Code of 580500 (HAND- WOVEN TAPESTRIES OF THE TYPE GOBELINS, FLANDERS,AUBUSSON, BEAUVAIS AND THE LIKE,AND NEEDLE-WORKED TAPESTRIES(FOR EXAMPLE, PETIT POINT, CROSS STITCH), WHETHER OR NOT MADE UP)

Description:

HAND- WOVEN TAPESTRIES OF THE TYPE GOBELINS, FLANDERS,AUBUSSON, BEAUVAIS AND THE LIKE,AND NEEDLE-WORKED TAPESTRIES(FOR EXAMPLE, PETIT POINT, CROSS STITCH), WHETHER OR NOT MADE UP.

HS codes falls under this category.

Incentives of 580500 (HAND- WOVEN TAPESTRIES OF THE TYPE GOBELINS, FLANDERS,AUBUSSON, BEAUVAIS AND THE LIKE,AND NEEDLE-WORKED TAPESTRIES(FOR EXAMPLE, PETIT POINT, CROSS STITCH), WHETHER OR NOT MADE UP)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
58050010 Duty Drawback Kg2.024.0
58050020 Duty Drawback Kg2.024.0
58050090 Duty Drawback Kg2.024.0

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
58050010 Hand- woven tapestries of the type gobelins, flanders, aubusson, beauvais and the like, and needle-worked tapestries (for example, petit point, cross stitch), whether or not made up:Tapestries hand made or needle worked by hand, of cotton 0.5%%
58050020 Hand- woven tapestries of the type gobelins, flanders, aubusson, beauvais and the like, and needle-worked tapestries (for example, petit point, cross stitch), whether or not made up:Tapestries of jute 0.5%%
58050090 Hand- woven tapestries of the type gobelins, flanders, aubusson, beauvais and the like, and needle-worked tapestries (for example, petit point, cross stitch), whether or not made up:Other 0.5%%
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