HS Code of 721720 (WIRE OF IRON OR NON-ALLOY STEEL)

Description:

WIRE OF IRON OR NON-ALLOY STEEL.

HS codes falls under this category.

72172010 72172020 72172030

Incentives of 721720 (WIRE OF IRON OR NON-ALLOY STEEL)

HS Codes	Duty Drawback	Unit	Drawback Rate	Drawback cap per unit in Rs.
72172010	Duty Drawback	-	1.8	-
72172020	Duty Drawback	-	1.8	-
72172030	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
72172010	Plated or coated with zinc:Of a thickness of 18 SWG and below	-
72172020	Plated or coated with zinc:Of a thickness above 18 SWG but upto 26 SWG	-
72172030	Plated or coated with zinc:Of a thickness above 26 SWG	-

Standard Input Output Norms of 721720 (WIRE OF IRON OR NON-ALLOY STEEL)

Product Details

Export Item	Quantity	Import Item	Qty Allowed.
Plated Wires (Single/Stranded) (A) of Copper OR (B) of Copper Clad/Coated Steel OR (C) of Copper Alloy.	1 kg	1(a) Copper Cathode/Wire Bar/CC Rod/Wire/Copper Wire Rod OR 1(b) Copper Clad/coated Steel Wire OR 1(c) Copper Alloy Wire/Cathode/Wire Bar/C C Rod/Wire/Copper Wire Rod	1 Kg
		Plated Wires (Single/Stranded) (A) of Copper OR (B) of Copper Clad/Coated Steel OR (C) of Copper Alloy.	1 kg	Silver 99.9% purity (Ingot, Granules, Plates or Powder)/Copper wire Rod	0.025Kg.
				Plated Wires (Single/Stranded) (A) of Copper OR (B) of Copper Clad/Coated Steel OR (C) of Copper Alloy.	1 kg	Wire Drawings Dies, Drawing Lubricants Welding Dies, Tin, Nickel, S-Nickel, Electroplating Salts, Plating Additives.	2% of the FOB value of exports
						Plated Wires (Single/Stranded) (A) of Copper OR (B) of Copper Clad/Coated Steel OR (C) of Copper Alloy.	1 kg	Plastic Bobbins, Plastic Spools, Protective paper/film.	As per packing policy.