MACHINE-TOOLS FOR DEBURRING,SHARPENING, GRINDING, HONING,LAPPING, POLISHING OR OTHERWISEFINISHING METAL OR CERMETS BYMEANS OF GRINDING STONES,ABRASIVES OR POLISHING PRODUCTS,OTHER THAN GEAR CUTTING, GEARGRINDING OR GEAR FINISHING.
HS codes falls under this category.
| HS Codes | Duty Drawback | Unit | Drawback Rate | Drawback cap per unit in Rs. |
| 84602910 | Duty Drawback | - | 2 | - |
| 84602920 | Duty Drawback | - | 2 | - |
| 84602930 | Duty Drawback | - | 2 | - |
| 84602940 | Duty Drawback | - | 2 | - |
| 84602990 | Duty Drawback | - | 2 | - |
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 |
| 84602910 | Other:Cylindrical grinders | 1%% |
| 84602920 | Other:Internal grinders | 1%% |
| 84602930 | Other:Centreless grinders | 1%% |
| 84602940 | Other:Profile grinders | 1%% |
| 84602990 | Other | 1%% |
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