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.

84572010 84572020 84572090

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	-	2	-
84572020	Duty Drawback	-	2	-
84572090	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
84572010	Unit construction machines (single station):Unit head boring	1%%
84572020	Unit construction machines (single station):Unit head drilling	1%%
84572090	Unit construction machines (single station):Other	1%%

Standard Input Output Norms of 845720 (MACHINING CENTRES, UNITCONSTRUCTION MACHINES (SINGLESTATION) AND MULTI-STATIONTRANSFER MACHINES FOR WORKING METAL)