HS Code of 7408 (COPPER WIRE)

Description:

COPPER WIRE.

HS codes falls under this category.

740811 740819 740821 740822 740829

Incentives of 7408 (COPPER WIRE)

HS Codes	Duty Drawback	Unit	Drawback Rate	Drawback cap per unit in Rs.
740811	Duty Drawback	-	1.5	-
740819	Duty Drawback	-	1.5	-
740821	Duty Drawback	-	1.5	-
740822	Duty Drawback	-	1.5	-
740829	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
740811	COPPER WIRE	-
740819	COPPER WIRE	-
740821	COPPER WIRE	-
740822	COPPER WIRE	-
740829	COPPER WIRE	-

Standard Input Output Norms of 7408 (COPPER WIRE)

Product Details

Export Item	Quantity	Import Item	Qty Allowed.
Brass Wire	1 kg.	Copper Wire Bar/Cathode	1.05 kg/kg content in export
Brass Wire	1 kg.	Brass Wire	1 kg.	Zing Ingot OR Brass Scrap of relevant grade.	1.05 kg/kg content in export OR 1.08 kg/kg content in export
Manganese Copper	1 kg.	Brass Wire	1 kg.	Copper Cathodes/ Copper Wire Bars OR Copper Scrap	0.707 kg 0.735 kg
Manganese Copper	1 kg.	Manganese Copper	1 kg.	Manganese	0.303 kg
Cupro Nickel Tubes	1 kg	Manganese Copper	1 kg.	Cupro Nickel Scrap of relevant grade	1.09 kg