HS Code of 840731 (SPARK-IGNITION RECIPROCATING OR ROTARY INTERNAL COMBUSTION PISTON ENGINES)

Description:

SPARK-IGNITION RECIPROCATING OR ROTARY INTERNAL COMBUSTION PISTON ENGINES.

HS codes falls under this category.

Incentives of 840731 (SPARK-IGNITION RECIPROCATING OR ROTARY INTERNAL COMBUSTION PISTON ENGINES)

HS Codes	Duty Drawback	Unit	Drawback Rate	Drawback cap per unit in Rs.
84073110	Duty Drawback	-	2	-
84073190	Duty Drawback	-	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
84073110	Reciprocating piston engines of a kind used for the propulsion of vehicles of Chapter 87:Of a cylinder capacity not exceeding 50 cc:For motor cycles	0.7%%
84073190	Reciprocating piston engines of a kind used for the propulsion of vehicles of Chapter 87:Of a cylinder capacity not exceeding 50 cc:Other	0.7%%