ELECTRIC (INCLUDINGELECTRICALLY HEATED GAS), LASEROR OTHER LIGHT OR PHOTO BEAM,ULTRASONIC, ELECTRON BEAM,MAGNETIC PULSE OR PLASMA ARCSOLDERING, BRAZING OR WELDINGMACHINES AND APPARATUS,WHETHER OR NOT CAPABLE OFCUTTING; ELECTRIC MACHINES ANDAPPARATUS FOR HOT SPRAYING OF METALS OR CERMETS.
HS codes falls under this category.
HS Codes | Duty Drawback | Unit | Drawback Rate | Drawback cap per unit in Rs. |
85152110 | Duty Drawback | - | 2 | - |
85152120 | Duty Drawback | - | 2 | - |
85152190 | 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 |
85152110 | Machines and apparatus for resistance welding of metal:Fully or partly automatic:Automatic spot welding machinery | 0.8%% |
85152120 | Machines and apparatus for resistance welding of metal:Fully or partly automatic:Automatic butt welding machinery | 0.8%% |
85152190 | Machines and apparatus for resistance welding of metal:Fully or partly automatic:Other | 0.8%% |