RAILWAY OR TRAMWAY TRACKFIXTURES AND FITTINGS;MECHANICAL (INCLUDING ELECTRO-MECHANICAL) SIGNALLING, SAFETYOR TRAFFIC CONTROL EQUIPMENTFOR RAILWAY, TRAMWAYS, RAODS,INLAND WATERWAYS, PARKINGFACILITIES, PORT INSTALLATION ORAIR-FIELDS; PARTS OF THE FOREGOING.
HS codes falls under this category.
HS Codes | Duty Drawback | Unit | Drawback Rate | Drawback cap per unit in Rs. |
86080010 | Duty Drawback | - | 2 | - |
86080020 | Duty Drawback | - | 2 | - |
86080030 | Duty Drawback | - | 2 | - |
86080040 | Duty Drawback | - | 2 | - |
86080090 | 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 |
86080010 | Railway or tramway track fixtures and fittings; mechanical (including electro- mechanical) signalling, safety or traffic control equipment for railway, tramways, roads, inland waterways, parking facilities, port installation or air-fields;parts of the foregoing:Railway and tramway track fixtures and fittings | 1.80%% |
86080020 | Railway or tramway track fixtures and fittings; mechanical (including electro- mechanical) signalling, safety or traffic control equipment for railway, tramways, roads, inland waterways, parking facilities, port installation or air-fields;parts of the foregoing:Mechanical equipment, not electrically powered for signalling to, or controlling, road rail or other vehicles, ships or aircraft | 1.80%% |
86080030 | Railway or tramway track fixtures and fittings; mechanical (including electro- mechanical) signalling, safety or traffic control equipment for railway, tramways, roads, inland waterways, parking facilities, port installation or air-fields;parts of the foregoing:Other traffic control equipment for railways | 1.80%% |
86080040 | Railway or tramway track fixtures and fittings; mechanical (including electro- mechanical) signalling, safety or traffic control equipment for railway, tramways, roads, inland waterways, parking facilities, port installation or air-fields;parts of the foregoing:Other traffic control equipment for roads or inland waterways and including automatic traffic control equipment for use at ports and airports | 1.80%% |
86080090 | Railway or tramway track fixtures and fittings; mechanical (including electro- mechanical) signalling, safety or traffic control equipment for railway, tramways, roads, inland waterways, parking facilities, port installation or air-fields;parts of the foregoing:Other | 1.80%% |