HS-Code Description
HS Code of 844720 (KNITTING MACHINES, STICH-BONDINGMACHINES AND MACHINES FORMAKING GIMPED YARN, TULLE, LACE,EMBROIDERY, TRIMMINGS, BRAID OR NET AND MACHINES FOR TUFTING|)

Description:

KNITTING MACHINES, STICH-BONDINGMACHINES AND MACHINES FORMAKING GIMPED YARN, TULLE, LACE,EMBROIDERY, TRIMMINGS, BRAID OR NET AND MACHINES FOR TUFTING|.

HS codes falls under this category.

Incentives of 844720 (KNITTING MACHINES, STICH-BONDINGMACHINES AND MACHINES FORMAKING GIMPED YARN, TULLE, LACE,EMBROIDERY, TRIMMINGS, BRAID OR NET AND MACHINES FOR TUFTING|)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
84472010 Duty Drawback 1.5
84472020 Duty Drawback 1.5
84472030 Duty Drawback 1.5
84472090 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
84472010 Flat knitting machines;stitch -bonding machines:Hand knitting machines for wool 0.5%%
84472020 Flat knitting machines;stitch -bonding machines:Other knitting machines for wool 0.5%%
84472030 Flat knitting machines;stitch -bonding machines:Cotton hosiery machines 0.5%%
84472090 Flat knitting machines;stitch -bonding machines:Other 0.5%%
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