HS Code of 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)

Description:

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.

84629110 84629190

Incentives of 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)

HS Codes	Duty Drawback	Unit	Drawback Rate	Drawback cap per unit in Rs.
84629110	Duty Drawback	-	2	-
84629190	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
84629110	Other:Hydraulic presses:Hydraulic extension	1%%
84629190	Other:Hydraulic presses:Other	1%%

Standard Input Output Norms of 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)

Product Details

Export Item	Quantity	Import Item	Qty Allowed.
Hydraulic Press	1 No.	Relevant Components for assembly of Machine	Net to net.

TOP BUYING COUNTRIES of 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)