| 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 |
- |