HS Code of 845970 (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 845970 (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.
84597010 Duty Drawback - 2 -
84597020 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
84597010 Other threading or tapping machines:Threading machines 1%%
84597020 Other threading or tapping machines:Tapping machines 1%%
Book A Demo