HS Code of 845959 (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 845959 (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.
84595910 Duty Drawback - 2 -
84595920 Duty Drawback - 2 -
84595930 Duty Drawback - 2 -
84595940 Duty Drawback - 2 -
84595950 Duty Drawback - 2 -
84595990 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
84595910 Other:Horizontal 1%%
84595920 Other:Vertical 1%%
84595930 Other:Universal 1%%
84595940 Other:Ram type 1%%
84595950 Other:Die-sinking or pantograph 1%%
84595990 Other 1%%
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