HS Code of 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)

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.

846120118461201984612020
Incentives of 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)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
84612011 Duty Drawback 1.5
84612019 Duty Drawback 1.5
84612020 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
84612011 Shaping or slotting machines:Shaping machines:Die and punch shaping machines 0.5%%
84612019 Shaping or slotting machines:Shaping machines:Other 0.5%%
84612020 Shaping or slotting machines:Shaping machines:Slotting machines 0.5%%

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