HS Code of 848360 (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 848360 (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.
84836010 Duty Drawback 1.5
84836020 Duty Drawback 1.5
84836090 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
84836010 Clutches and shaft couplings (including universal joints):Flexible coupling 0.5%%
84836020 Clutches and shaft couplings (including universal joints):Fluid coupling 0.5%%
84836090 Clutches and shaft couplings (including universal joints):Other 0.5%%
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