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.

72072010 72072020 72072030 72072090

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	-	1.5	-
72072020	Duty Drawback	-	1.5	-
72072030	Duty Drawback	-	1.5	-
72072090	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
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	-