HS-Code Description

HS Code of 870240 (MOTOR VEHICLES FOR THE TRANSPORT OF TEN OR MORE PERSONS, INCLUDING THE DRIVER)

Description:

MOTOR VEHICLES FOR THE TRANSPORT OF TEN OR MORE PERSONS, INCLUDING THE DRIVER.

HS codes falls under this category.

87024011 87024012 87024018 87024019 87024021 87024022 87024028 87024029

Incentives of 870240 (MOTOR VEHICLES FOR THE TRANSPORT OF TEN OR MORE PERSONS, INCLUDING THE DRIVER)

HS Codes	Duty Drawback	Unit	Drawback Rate	Drawback cap per unit in Rs.
87024011	Duty Drawback	-	2	-
87024012	Duty Drawback	-	2	-
87024018	Duty Drawback	-	2	-
87024019	Duty Drawback	-	2	-
87024021	Duty Drawback	-	2	-
87024022	Duty Drawback	-	2	-
87024028	Duty Drawback	-	2	-
87024029	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
87024011	With only electric motor for propulsion:Vehicles for transport of not more than 13 persons, including the driver:Other:Integrated monocoque vehicle, air- conditioned	0.4%%
87024012	With only electric motor for propulsion:Vehicles for transport of not more than 13 persons, including the driver:Other:Integrated monocoque vehicle, non air-conditioned	0.4%%
87024018	With only electric motor for propulsion:Vehicles for transport of not more than 13 persons, including the driver:Other:Other, air-conditioned	0.4%%
87024019	With only electric motor for propulsion:Vehicles for transport of not more than 13 persons, including the driver:Other:Other, non air-conditioned	0.4%%
87024021	With only electric motor for propulsion:Vehicles for transport of not more than 13 persons, including the driver:Other:Integrated monocoque vehicle, air- conditioned	0.4%%
87024022	With only electric motor for propulsion:Vehicles for transport of not more than 13 persons, including the driver:Other:Integrated monocoque vehicle, non air-conditioned	0.4%%
87024028	With only electric motor for propulsion:Vehicles for transport of not more than 13 persons, including the driver:Other:Other, air-conditioned	0.4%%
87024029	With only electric motor for propulsion:Vehicles for transport of not more than 13 persons, including the driver:Other:Other, non air-conditioned	0.4%%

Standard Input Output Norms of 870240 (MOTOR VEHICLES FOR THE TRANSPORT OF TEN OR MORE PERSONS, INCLUDING THE DRIVER)

Product Details

Export Item	Quantity	Import Item	Qty Allowed.
No records found

TOP BUYING COUNTRIES of 870240 (MOTOR VEHICLES FOR THE TRANSPORT OF TEN OR MORE PERSONS, INCLUDING THE DRIVER)

S.No	Country Name	Shipment Value (Currency)	Total Buyers
No records found

Description:

REWARD UNDER MERCHANDISE EXPORTS FROM India SCHEME (MEIS) [AS % ON FOB VALUE OF EXPORTS]

Product Details

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