HS Code of 845941 (MACHINE-TOOLS (INCLUDING WAYTYPE UNIT HEAD MACHINES) FORDRILLING, BORING, MILLING,TREADING OR TAPPING BY REMOVINGMETAL, OTHER THAN LATHES(INCLUDING TURNING CENTRES) OF HEADING 8458)

Description:

MACHINE-TOOLS (INCLUDING WAYTYPE UNIT HEAD MACHINES) FORDRILLING, BORING, MILLING,TREADING OR TAPPING BY REMOVINGMETAL, OTHER THAN LATHES(INCLUDING TURNING CENTRES) OF HEADING 8458.

HS codes falls under this category.

Incentives of 845941 (MACHINE-TOOLS (INCLUDING WAYTYPE UNIT HEAD MACHINES) FORDRILLING, BORING, MILLING,TREADING OR TAPPING BY REMOVINGMETAL, OTHER THAN LATHES(INCLUDING TURNING CENTRES) OF HEADING 8458)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
84594110 Duty Drawback - 2 -
84594120 Duty Drawback - 2 -
84594130 Duty Drawback - 2 -
84594190 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
84594110 Numerically controlled:Jig boring machines, horizontal 1%%
84594120 Numerically controlled:Fine boring machines, horizontal 1%%
84594130 Numerically controlled:Fine boring machines, vertical 1%%
84594190 Numerically controlled:Other 1%%
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