HS Code of 850450 (ELECTRICAL TRANSFORMERS, STATICCONVERTERS (FOR EXAMPLE, RECTIFIERS) AND INDUCTORS)

Description:

ELECTRICAL TRANSFORMERS, STATICCONVERTERS (FOR EXAMPLE, RECTIFIERS) AND INDUCTORS.

HS codes falls under this category.

85045010 85045090

Incentives of 850450 (ELECTRICAL TRANSFORMERS, STATICCONVERTERS (FOR EXAMPLE, RECTIFIERS) AND INDUCTORS)

HS Codes	Duty Drawback	Unit	Drawback Rate	Drawback cap per unit in Rs.
85045010	Duty Drawback	-	2	-
85045090	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
85045010	Other inductors:Choke coils (chokes)	0.8%%
85045090	Other inductors:Others	0.8%%

Standard Input Output Norms of 850450 (ELECTRICAL TRANSFORMERS, STATICCONVERTERS (FOR EXAMPLE, RECTIFIERS) AND INDUCTORS)

Product Details

Export Item	Quantity	Import Item	Qty Allowed.
Inductors with Torroidal Windings	1 kg	Ferrites	Net to net.
Inductors with Torroidal Windings	1 kg	Inductors with Torroidal Windings	1 kg	Self Soldering Copper Wire	1.02 kg/kg content in the export product.