HS-Code Description
HS Code of 843031 (OTHER MOVING, GRADING,LEVELLING, SCRAPPING,EXCAVATING, TAMPING,COMPACTING, EXTRACTING ORBORING MACHINERY, FOR EARTH,MINERALS OR ORES; PILE-DRIVERS AND PILE-EXTRACTORS; SNOWPLOUGHS AND SNOW-BLOWERS)

Description:

OTHER MOVING, GRADING,LEVELLING, SCRAPPING,EXCAVATING, TAMPING,COMPACTING, EXTRACTING ORBORING MACHINERY, FOR EARTH,MINERALS OR ORES; PILE-DRIVERS AND PILE-EXTRACTORS; SNOWPLOUGHS AND SNOW-BLOWERS.

HS codes falls under this category.

Incentives of 843031 (OTHER MOVING, GRADING,LEVELLING, SCRAPPING,EXCAVATING, TAMPING,COMPACTING, EXTRACTING ORBORING MACHINERY, FOR EARTH,MINERALS OR ORES; PILE-DRIVERS AND PILE-EXTRACTORS; SNOWPLOUGHS AND SNOW-BLOWERS)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
84303110 Duty Drawback 1.5
84303120 Duty Drawback 1.5
84303190 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
84303110 Coal or rock cutters and tunneling machinery:Self-propelled:Coal cutters 0.4%%
84303120 Coal or rock cutters and tunneling machinery:Self-propelled:Tunneling machinery 0.4%%
84303190 Coal or rock cutters and tunneling machinery:Self-propelled:Other 0.4%%
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