HS Code of 845961 (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 845961 (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.
84596110 Duty Drawback - 2 -
84596190 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
84596110 Other milling machines:Numerically controlled:Piano milling 1%%
84596190 Other milling machines:Numerically controlled:Other 1%%
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