HS-Code Description
HS Code of 8461 (MACHINE-TOOLS FOR PLANING,SHAPING, SLOTTING, BROACHING,GEAR CUTTING, GEAR GRINDING ORGEAR FINISHING, SAWING, CUTTING-OFF AND OTHER MACHINE TOOLSWORKING BY REMOVING METAL, ORCERMETS, NOT ELSEWHERE SPECIFIED OR INCLUDED)

Description:

MACHINE-TOOLS FOR PLANING,SHAPING, SLOTTING, BROACHING,GEAR CUTTING, GEAR GRINDING ORGEAR FINISHING, SAWING, CUTTING-OFF AND OTHER MACHINE TOOLSWORKING BY REMOVING METAL, ORCERMETS, NOT ELSEWHERE SPECIFIED OR INCLUDED.

HS codes falls under this category.

Incentives of 8461 (MACHINE-TOOLS FOR PLANING,SHAPING, SLOTTING, BROACHING,GEAR CUTTING, GEAR GRINDING ORGEAR FINISHING, SAWING, CUTTING-OFF AND OTHER MACHINE TOOLSWORKING BY REMOVING METAL, ORCERMETS, NOT ELSEWHERE SPECIFIED OR INCLUDED)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
846120 Duty Drawback 1.5
846130 Duty Drawback 1.5
846140 Duty Drawback 1.5
846150 Duty Drawback 1.5
846190 Duty Drawback 1.5

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
846120 MACHINE-TOOLS FOR PLANING,SHAPING, SLOTTING, BROACHING,GEAR CUTTING, GEAR GRINDING ORGEAR FINISHING, SAWING, CUTTING-OFF AND OTHER MACHINE TOOLSWORKING BY REMOVING METAL, ORCERMETS, NOT ELSEWHERE SPECIFIED OR INCLUDED -
846130 MACHINE-TOOLS FOR PLANING,SHAPING, SLOTTING, BROACHING,GEAR CUTTING, GEAR GRINDING ORGEAR FINISHING, SAWING, CUTTING-OFF AND OTHER MACHINE TOOLSWORKING BY REMOVING METAL, ORCERMETS, NOT ELSEWHERE SPECIFIED OR INCLUDED -
846140 MACHINE-TOOLS FOR PLANING,SHAPING, SLOTTING, BROACHING,GEAR CUTTING, GEAR GRINDING ORGEAR FINISHING, SAWING, CUTTING-OFF AND OTHER MACHINE TOOLSWORKING BY REMOVING METAL, ORCERMETS, NOT ELSEWHERE SPECIFIED OR INCLUDED -
846150 MACHINE-TOOLS FOR PLANING,SHAPING, SLOTTING, BROACHING,GEAR CUTTING, GEAR GRINDING ORGEAR FINISHING, SAWING, CUTTING-OFF AND OTHER MACHINE TOOLSWORKING BY REMOVING METAL, ORCERMETS, NOT ELSEWHERE SPECIFIED OR INCLUDED -
846190 Other -
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