MACHINE-TOOLS (INCLUDINGPRESSES) FOR WORKING METAL BYFORGING, HAMMERING OR DIE-STAMPING; MACHINE-TOOLS(INCLUDING PRESSES) FOR WORKINGMETAL BY BENDING, FOLDINGSTRAIGHTENING, FLATTENING,SHEARING, PUNCHING OR NOTCHING;PRESSES FOR WORKING METAL ORMETAL CARBIDES, NOT SPECIFIED ABOVE.
HS codes falls under this category.
| HS Codes | Duty Drawback | Unit | Drawback Rate | Drawback cap per unit in Rs. |
| 846210 | Duty Drawback | 1.5 | ||
| 846221 | Duty Drawback | 1.5 | ||
| 846229 | Duty Drawback | 1.5 | ||
| 846231 | Duty Drawback | 1.5 | ||
| 846239 | Duty Drawback | 1.5 | ||
| 846241 | Duty Drawback | 1.5 | ||
| 846249 | Duty Drawback | 1.5 | ||
| 846291 | Duty Drawback | 1.5 | ||
| 846299 | Duty Drawback | 1.5 |
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 |
| 846210 | MACHINE-TOOLS (INCLUDINGPRESSES) FOR WORKING METAL BYFORGING, HAMMERING OR DIE-STAMPING; MACHINE-TOOLS(INCLUDING PRESSES) FOR WORKINGMETAL BY BENDING, FOLDINGSTRAIGHTENING, FLATTENING,SHEARING, PUNCHING OR NOTCHING;PRESSES FOR WORKING METAL ORMETAL CARBIDES, NOT SPECIFIED ABOVE | - |
| 846221 | Bending, folding, straightening or flattening machines (including presses):Numerically controlled | - |
| 846229 | MACHINE-TOOLS (INCLUDINGPRESSES) FOR WORKING METAL BYFORGING, HAMMERING OR DIE-STAMPING; MACHINE-TOOLS(INCLUDING PRESSES) FOR WORKINGMETAL BY BENDING, FOLDINGSTRAIGHTENING, FLATTENING,SHEARING, PUNCHING OR NOTCHING;PRESSES FOR WORKING METAL ORMETAL CARBIDES, NOT SPECIFIED ABOVE | - |
| 846231 | Shearing machines (including presses), other than combined punching and shearing machines:Numerically controlled | - |
| 846239 | MACHINE-TOOLS (INCLUDINGPRESSES) FOR WORKING METAL BYFORGING, HAMMERING OR DIE-STAMPING; MACHINE-TOOLS(INCLUDING PRESSES) FOR WORKINGMETAL BY BENDING, FOLDINGSTRAIGHTENING, FLATTENING,SHEARING, PUNCHING OR NOTCHING;PRESSES FOR WORKING METAL ORMETAL CARBIDES, NOT SPECIFIED ABOVE | - |
| 846241 | Punching or notching machines (including presses), including combined punching and shearing machines:Numerically controlled | - |
| 846249 | MACHINE-TOOLS (INCLUDINGPRESSES) FOR WORKING METAL BYFORGING, HAMMERING OR DIE-STAMPING; MACHINE-TOOLS(INCLUDING PRESSES) FOR WORKINGMETAL BY BENDING, FOLDINGSTRAIGHTENING, FLATTENING,SHEARING, PUNCHING OR NOTCHING;PRESSES FOR WORKING METAL ORMETAL CARBIDES, NOT SPECIFIED ABOVE | - |
| 846291 | MACHINE-TOOLS (INCLUDINGPRESSES) FOR WORKING METAL BYFORGING, HAMMERING OR DIE-STAMPING; MACHINE-TOOLS(INCLUDING PRESSES) FOR WORKINGMETAL BY BENDING, FOLDINGSTRAIGHTENING, FLATTENING,SHEARING, PUNCHING OR NOTCHING;PRESSES FOR WORKING METAL ORMETAL CARBIDES, NOT SPECIFIED ABOVE | - |
| 846299 | MACHINE-TOOLS (INCLUDINGPRESSES) FOR WORKING METAL BYFORGING, HAMMERING OR DIE-STAMPING; MACHINE-TOOLS(INCLUDING PRESSES) FOR WORKINGMETAL BY BENDING, FOLDINGSTRAIGHTENING, FLATTENING,SHEARING, PUNCHING OR NOTCHING;PRESSES FOR WORKING METAL ORMETAL CARBIDES, NOT SPECIFIED ABOVE | - |
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