HS Code of 846231 (Shearing Machines (including Presses), Other Than Combined Punching And Shearing Machines:Numerically Controlled)

Description:

Shearing machines (including presses), other than combined punching and shearing machines:Numerically controlled.

HS codes falls under this category.

84623100

Incentives of 846231 (Shearing Machines (including Presses), Other Than Combined Punching And Shearing Machines:Numerically Controlled)

HS Codes	Duty Drawback	Unit	Drawback Rate	Drawback cap per unit in Rs.
84623100	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
84623100	Shearing machines (including presses), other than combined punching and shearing machines:Numerically controlled	1%%

Standard Input Output Norms of 846231 (Shearing Machines (including Presses), Other Than Combined Punching And Shearing Machines:Numerically Controlled)