HS-Code Description
HS Code of 860719 (PARTS OF RAILWAY OR TRAMWAY LOCOMOTIVES OR ROLLING-STOCK)

Description:

PARTS OF RAILWAY OR TRAMWAY LOCOMOTIVES OR ROLLING-STOCK.

HS codes falls under this category.

Incentives of 860719 (PARTS OF RAILWAY OR TRAMWAY LOCOMOTIVES OR ROLLING-STOCK)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
86071910 Duty Drawback 1.7
86071920 Duty Drawback 1.7
86071930 Duty Drawback 1.7
86071990 Duty Drawback 1.7

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
86071910 Other including parts:Axles, wheels for coaches, van and wagons (rolling-stock) 1%%
86071920 Other including parts:Axles and wheels for locomotives 1%%
86071930 Other including parts:Axle boxes (lubricating or grease box) 1%%
86071990 Other including parts:Other parts of axles and wheels 1%%
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