HS Code of 870321 (MOTOR CARS AND OTHER MOTORVEHICLES PRINCIPALLY DESIGNED FORTHE TRANSPORT OF PERSONS (OTHER THAN THOSE OF HEADING 8702), INCLUDING STATION WAGONS AND RACING CARS.)

Description:

MOTOR CARS AND OTHER MOTORVEHICLES PRINCIPALLY DESIGNED FORTHE TRANSPORT OF PERSONS (OTHER THAN THOSE OF HEADING 8702), INCLUDING STATION WAGONS AND RACING CARS..

HS codes falls under this category.

Incentives of 870321 (MOTOR CARS AND OTHER MOTORVEHICLES PRINCIPALLY DESIGNED FORTHE TRANSPORT OF PERSONS (OTHER THAN THOSE OF HEADING 8702), INCLUDING STATION WAGONS AND RACING CARS.)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
87032110 Duty Drawback - - -
87032120 Duty Drawback - - -
87032191 Duty Drawback - - -
87032192 Duty Drawback - - -
87032199 Duty Drawback - - -

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
87032110 Other vehicles, with only spark- Ignition internal combustion reciprocating piston engine:Of a cylinder capacity not exceeding 1000 cc:Other:Vehicles principally designed for the transport of more than seven persons, including the driver 1.5%%
87032120 Other vehicles, with only spark- Ignition internal combustion reciprocating piston engine:Of a cylinder capacity not exceeding 1000 cc:Other:Three-wheeled vehicles 1.40%%
87032191 Other vehicles, with only spark- Ignition internal combustion reciprocating piston engine:Of a cylinder capacity not exceeding 1000 cc:Other:Motor cars 0.6%%
87032192 Other vehicles, with only spark- Ignition internal combustion reciprocating piston engine:Of a cylinder capacity not exceeding 1000 cc:Other:Specialised transport vehicles such as ambulances, prison vans and the like 0.6%%
87032199 Other vehicles, with only spark- Ignition internal combustion reciprocating piston engine:Of a cylinder capacity not exceeding 1000 cc 0.6%%
Book A Demo