MILLSTONES, GRINDSTONES, GRINDING,WHEELS AND THE LIKE, WITHOUTFRAMEWORKS, FOR GRINDING,SHARPENING, POLISHING TRUEING ORCUTTING, HAND SHARPENING ORPOLISHING STONES, AND PARTS THEREOF,OF NATURAL STONE, OF AGGLOMERATEDNATURAL OR ARTIFICIAL ABRASIVES, OROF CERAMICS, WITH OR WITHOUT PARTS OF OTHER MATERIALS.
HS codes falls under this category.
HS Codes | Duty Drawback | Unit | Drawback Rate | Drawback cap per unit in Rs. |
68042210 | Duty Drawback | - | 1 | - |
68042220 | Duty Drawback | - | 1 | - |
68042290 | Duty Drawback | - | 1 | - |
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 |
68042210 | Of other agglomerated abrasives or of ceramics:Grinding wheels of synthetic abrasive | 1%% |
68042220 | Of other agglomerated abrasives or of ceramics:Grinding wheels of other materials | 1%% |
68042290 | Of other agglomerated abrasives or of ceramics:Other | 1%% |