| HS Codes | Duty Drawback | Unit | Drawback Rate | Drawback cap per unit in Rs. |
| 721410 | Duty Drawback | 1.5 | ||
| 721420 | Duty Drawback | 1.5 | ||
| 721430 | Duty Drawback | 1.5 | ||
| 721491 | Duty Drawback | 1.5 | ||
| 721499 | Duty Drawback | 1.5 |
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 |
| 721410 | OTHER BARS AND RODS OF IRON ORNON-ALLOY STEEL, NOT FURTHERWORKED THAN FORGED, HOTROLLED, HOT-DRAWN OR HOTEXTRUDED, BUT INCLUDING THOSE TWISTED AFTER ROLLING | - |
| 721420 | OTHER BARS AND RODS OF IRON ORNON-ALLOY STEEL, NOT FURTHERWORKED THAN FORGED, HOTROLLED, HOT-DRAWN OR HOTEXTRUDED, BUT INCLUDING THOSE TWISTED AFTER ROLLING | - |
| 721430 | Other, of free cutting steel | - |
| 721491 | OTHER BARS AND RODS OF IRON ORNON-ALLOY STEEL, NOT FURTHERWORKED THAN FORGED, HOTROLLED, HOT-DRAWN OR HOTEXTRUDED, BUT INCLUDING THOSE TWISTED AFTER ROLLING | - |
| 721499 | OTHER BARS AND RODS OF IRON ORNON-ALLOY STEEL, NOT FURTHERWORKED THAN FORGED, HOTROLLED, HOT-DRAWN OR HOTEXTRUDED, BUT INCLUDING THOSE TWISTED AFTER ROLLING | - |
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