HS-Code Description
HS Code of 720720 (SEMI- FINISHED PRODUCTS OF IRON OR NON-ALLOY STEEL)

Description:

SEMI- FINISHED PRODUCTS OF IRON OR NON-ALLOY STEEL.

HS codes falls under this category.

Incentives of 720720 (SEMI- FINISHED PRODUCTS OF IRON OR NON-ALLOY STEEL)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
72072010 Duty Drawback 1.4
72072020 Duty Drawback 1.4
72072030 Duty Drawback 1.4
72072090 Duty Drawback 1.4

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
72072010 Containing by weight 0.25% or more of carbon:Forging quality -
72072020 Containing by weight 0.25% or more of carbon:Spring steel quality -
72072030 Containing by weight 0.25% or more of carbon:Seamless steel tube quality -
72072090 Containing by weight 0.25% or more of carbon:Other -
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