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 - 1.5 -
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 -
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