HS Code of 820412 (HAND-OPERATED SPANNERS ANDWRENCHES (INCLUDING TORQUEMETER WRENCHES BUT NOTINCLUDING TAP WRENCHES);INTERCHANGEABLE SPANNERSOCKETS, WITH OR WITHOUT HANDLES)

Description:

HAND-OPERATED SPANNERS ANDWRENCHES (INCLUDING TORQUEMETER WRENCHES BUT NOTINCLUDING TAP WRENCHES);INTERCHANGEABLE SPANNERSOCKETS, WITH OR WITHOUT HANDLES.

HS codes falls under this category.

82041210 82041220

Incentives of 820412 (HAND-OPERATED SPANNERS ANDWRENCHES (INCLUDING TORQUEMETER WRENCHES BUT NOTINCLUDING TAP WRENCHES);INTERCHANGEABLE SPANNERSOCKETS, WITH OR WITHOUT HANDLES)

HS Codes	Duty Drawback	Unit	Drawback Rate	Drawback cap per unit in Rs.
82041210	Duty Drawback	Kg	2	7.2
82041220	Duty Drawback	Kg	2	7.2

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
82041210	Adjustable:Spanners	-
82041220	Adjustable:Wrenches	-

Standard Input Output Norms of 820412 (HAND-OPERATED SPANNERS ANDWRENCHES (INCLUDING TORQUEMETER WRENCHES BUT NOTINCLUDING TAP WRENCHES);INTERCHANGEABLE SPANNERSOCKETS, WITH OR WITHOUT HANDLES)

Product Details

Export Item	Quantity	Import Item	Qty Allowed.
Pipe Wrenches	1 kg	Non-Alloy Steel Plate/ flats/ Bars	1.84 kg/kg content in the export product.
		Pipe Wrenches	1 kg	Die Steel Blocks/ Die Steel Rounds
				Pipe Wrenches	1 kg	Misc. Items/ Cutting tools like broches, drills, grinding wheels, belts, hand saw blades, quenching oil	Upto 5% of FOB value of export.

TOP BUYING COUNTRIES of 820412 (HAND-OPERATED SPANNERS ANDWRENCHES (INCLUDING TORQUEMETER WRENCHES BUT NOTINCLUDING TAP WRENCHES);INTERCHANGEABLE SPANNERSOCKETS, WITH OR WITHOUT HANDLES)