HS Code of 870290 (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.

87029011 87029012 87029018 87029019 87029021 87029022 87029028 87029029

Incentives of 870290 (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.
87029011	Duty Drawback	-	2	-
87029012	Duty Drawback	-	2	-
87029018	Duty Drawback	-	2	-
87029019	Duty Drawback	-	2	-
87029021	Duty Drawback	-	2	-
87029022	Duty Drawback	-	2	-
87029028	Duty Drawback	-	2	-
87029029	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
87029011	Other:Vehicles for transport of not more than 13 persons, including the driver:Other:Integrated monocoque vehicle, air-conditioned	8100 (Rs. Per unit)%
87029012	Other:Vehicles for transport of not more than 13 persons, including the driver:Other:Integrated monocoque vehicle, non air-conditioned	8100 (Rs. Per unit)%
87029018	Other:Vehicles for transport of not more than 13 persons, including the driver:Other:Other, air- conditioned	8100 (Rs. Per unit)%
87029019	Other:Vehicles for transport of not more than 13 persons, including the driver:Other:Other, non air-conditioned	8100 (Rs. Per unit)%
87029021	Other:Vehicles for transport of not more than 13 persons, including the driver:Other:Integrated monocoque vehicle, air-conditioned	8100 (Rs. Per unit)%
87029022	Other:Vehicles for transport of not more than 13 persons, including the driver:Other:Integrated monocoque vehicle, non air-conditioned	8100 (Rs. Per unit)%
87029028	Other:Vehicles for transport of not more than 13 persons, including the driver:Other:Other, air- conditioned	8100 (Rs. Per unit)%
87029029	Other:Vehicles for transport of not more than 13 persons, including the driver:Other:Other, non air-conditioned	8100 (Rs. Per unit)%