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. |
| 84629911 | Duty Drawback | - | 2 | - |
| 84629912 | Duty Drawback | - | 2 | - |
| 84629913 | Duty Drawback | - | 2 | - |
| 84629914 | Duty Drawback | - | 2 | - |
| 84629915 | Duty Drawback | - | 2 | - |
| 84629919 | Duty Drawback | - | 2 | - |
| 84629920 | Duty Drawback | - | 2 | - |
| 84629930 | Duty Drawback | - | 2 | - |
| 84629940 | Duty Drawback | - | 2 | - |
| 84629950 | Duty Drawback | - | 2 | - |
| 84629960 | Duty Drawback | - | 2 | - |
| 84629970 | Duty Drawback | - | 2 | - |
| 84629990 | Duty Drawback | - | 2 | - |
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 |
| 84629911 | Other:Pneumatic, inclinable and vertical presses:Pneumatic presses | 1%% |
| 84629912 | Other:Pneumatic, inclinable and vertical presses:Inclinable presses | 1%% |
| 84629913 | Other:Pneumatic, inclinable and vertical presses:Vertical gap of frame presses | 1%% |
| 84629914 | Other:Pneumatic, inclinable and vertical presses:Vertical straight presses | 1%% |
| 84629915 | Other:Pneumatic, inclinable and vertical presses:Vertical forging presses | 1%% |
| 84629919 | Other:Pneumatic, inclinable and vertical presses:Other | 1%% |
| 84629920 | Other:Pneumatic, inclinable and vertical presses:Dieing or lobbing machine presses | 1%% |
| 84629930 | Other:Pneumatic, inclinable and vertical presses:Transfer and multiple presses | 1%% |
| 84629940 | Other:Pneumatic, inclinable and vertical presses:Horizontal presses | 1%% |
| 84629950 | Other:Pneumatic, inclinable and vertical presses:Friction screw presses | 1%% |
| 84629960 | Other:Pneumatic, inclinable and vertical presses:Knuckle joint presses | 1%% |
| 84629970 | Other:Pneumatic, inclinable and vertical presses:Coining joint presses | 1%% |
| 84629990 | Other:Pneumatic, inclinable and vertical presses:Other | 1%% |