HS Code of 848350 (TRANSMISSION SHAFTS (INCLUDINGCAM SHAFTS AND CRANK SHAFTS) ANDCRANKS; BEARINGS HOUSINGS ANDPLAIN SHAFT BEARINGS; GEARS ANDGEARING; BALL OR ROLLER SCREWS;GEAR BOXES AND OTHER SPEEDCHANGERS, INCLUDING TORQUECONVERTERS; FLYWHEELS ANDPULLEYS, INCLUDING PULLEYBLOCKS; CLUTCHES AND SHAFT COUPLINGS (INCLUDING UNIVERSAL JOINTS))

Description:

TRANSMISSION SHAFTS (INCLUDINGCAM SHAFTS AND CRANK SHAFTS) ANDCRANKS; BEARINGS HOUSINGS ANDPLAIN SHAFT BEARINGS; GEARS ANDGEARING; BALL OR ROLLER SCREWS;GEAR BOXES AND OTHER SPEEDCHANGERS, INCLUDING TORQUECONVERTERS; FLYWHEELS ANDPULLEYS, INCLUDING PULLEYBLOCKS; CLUTCHES AND SHAFT COUPLINGS (INCLUDING UNIVERSAL JOINTS).

HS codes falls under this category.

Incentives of 848350 (TRANSMISSION SHAFTS (INCLUDINGCAM SHAFTS AND CRANK SHAFTS) ANDCRANKS; BEARINGS HOUSINGS ANDPLAIN SHAFT BEARINGS; GEARS ANDGEARING; BALL OR ROLLER SCREWS;GEAR BOXES AND OTHER SPEEDCHANGERS, INCLUDING TORQUECONVERTERS; FLYWHEELS ANDPULLEYS, INCLUDING PULLEYBLOCKS; CLUTCHES AND SHAFT COUPLINGS (INCLUDING UNIVERSAL JOINTS))
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
84835010 Duty Drawback 1.5
84835090 Duty Drawback 1.5

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
84835010 Flywheels and pulleys, including pulley blocks:Pulleys, power transmission 0.5%%
84835090 Flywheels and pulleys, including pulley blocks:Other 0.5%%
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