HS Code of 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)

Description:

OTHER BARS AND RODS OF IRON ORNON-ALLOY STEEL, NOT FURTHERWORKED THAN FORGED, HOTROLLED, HOT-DRAWN OR HOTEXTRUDED, BUT INCLUDING THOSE TWISTED AFTER ROLLING.

HS codes falls under this category.

Incentives of 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)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
72142010 Duty Drawback - 1.8 -
72142090 Duty Drawback - 1.8 -

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
72142010 Containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling:Spring steel quality -
72142090 Containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling:Other -
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