HS-Code Description
HS Code of 845720 (MACHINING CENTRES, UNITCONSTRUCTION MACHINES (SINGLESTATION) AND MULTI-STATIONTRANSFER MACHINES FOR WORKING METAL)

Description:

MACHINING CENTRES, UNITCONSTRUCTION MACHINES (SINGLESTATION) AND MULTI-STATIONTRANSFER MACHINES FOR WORKING METAL.

HS codes falls under this category.

Incentives of 845720 (MACHINING CENTRES, UNITCONSTRUCTION MACHINES (SINGLESTATION) AND MULTI-STATIONTRANSFER MACHINES FOR WORKING METAL)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
84572010 Duty Drawback 1.5
84572020 Duty Drawback 1.5
84572090 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
84572010 Unit construction machines (single station):Unit head boring 0.5%%
84572020 Unit construction machines (single station):Unit head drilling 0.5%%
84572090 Unit construction machines (single station):Other 0.5%%
+91-7330836600
Book A Demo