HS Code of 740721 (COPPER BARS, RODS AND PROFILES)

Description:

COPPER BARS, RODS AND PROFILES.

HS codes falls under this category.

Incentives of 740721 (COPPER BARS, RODS AND PROFILES)

HS Codes	Duty Drawback	Unit	Drawback Rate	Drawback cap per unit in Rs.
74072110	Duty Drawback	-	1.5	-
74072120	Duty Drawback	-	1.5	-
74072130	Duty Drawback	-	1.5	-
74072190	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
74072110	Of copper alloys:Of copper-zinc base alloys (brass):Bars	0.3%%
74072120	Of copper alloys:Of copper-zinc base alloys (brass):Rods	0.3%%
74072130	Of copper alloys:Of copper-zinc base alloys (brass):Hollow bars	0.3%%
74072190	Of copper alloys:Of copper-zinc base alloys (brass):Other	0.3%%

Standard Input Output Norms of 740721 (COPPER BARS, RODS AND PROFILES)

Product Details

Export Item	Quantity	Import Item	Qty Allowed.
Brass extruded Hollow sections such as pipes/ tubes	1 kg.	Brass scrap OR Brass Ingots/Billets.	1.08 Kg 1.02 Kg.
Brass extruded solid sections including Bars and Rods	1 kg	Brass scrap OR Brass Ingots/Billets.	1.08 kg 1.02Kg.