HS Code of 845951 (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 845951 (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.
84595110 Duty Drawback - 2 -
84595120 Duty Drawback - 2 -
84595130 Duty Drawback - 2 -
84595190 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
84595110 Milling machine, knee type:Numerically controlled:Horizontal 1%%
84595120 Milling machine, knee type:Numerically controlled:Vertical 1%%
84595130 Milling machine, knee type:Numerically controlled:Universal 1%%
84595190 Milling machine, knee type:Numerically controlled:Other 1%%
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