HS Code of 681320 (FRICTION MATERIAL AND ARTICLESTHEREOF (FOR EXAMPLE, SHEETS, ROLLS,STRIPS, SEGMENTS, DISCS, WASHERS,PADS ), NOT MOUNTED, FOR BRAKES, FORCLUTCHES OR THE LIKE, WITH A BASIS OFASBESTOS, OF OTHER MINERALSUBSTANCES OR OF CELLULOSE,WHETHER OR NOT COMBINED WITH TEXTILE OR OTHER MATERIALS)

Description:

FRICTION MATERIAL AND ARTICLESTHEREOF (FOR EXAMPLE, SHEETS, ROLLS,STRIPS, SEGMENTS, DISCS, WASHERS,PADS ), NOT MOUNTED, FOR BRAKES, FORCLUTCHES OR THE LIKE, WITH A BASIS OFASBESTOS, OF OTHER MINERALSUBSTANCES OR OF CELLULOSE,WHETHER OR NOT COMBINED WITH TEXTILE OR OTHER MATERIALS.

HS codes falls under this category.

Incentives of 681320 (FRICTION MATERIAL AND ARTICLESTHEREOF (FOR EXAMPLE, SHEETS, ROLLS,STRIPS, SEGMENTS, DISCS, WASHERS,PADS ), NOT MOUNTED, FOR BRAKES, FORCLUTCHES OR THE LIKE, WITH A BASIS OFASBESTOS, OF OTHER MINERALSUBSTANCES OR OF CELLULOSE,WHETHER OR NOT COMBINED WITH TEXTILE OR OTHER MATERIALS)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
68132010 Duty Drawback - 1 -
68132090 Duty Drawback - 1 -

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
68132010 Containing asbestos:Brake lining and pads 1%%
68132090 Containing asbestos:Asbestos friction materials 1%%
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