Gears and gearing, other than toothed wheels, chain sprockets and other transmission elements presented separately; ball or roller screws; Gear boxes and other speed changers, including torque converters.
HS codes falls under this category.
HS Codes | Duty Drawback | Unit | Drawback Rate | Drawback cap per unit in Rs. |
84834000 | 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 |
84834000 | Gears and gearing, other than toothed wheels, chain sprockets and other transmission elements presented separately; ball or roller screws; Gear boxes and other speed changers, including torque converters | 1%% |