HS Code of 870323 (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.

87032310 87032320 87032391 87032392 87032399

Incentives of 870323 (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.
87032310	Duty Drawback	-	-	-
87032320	Duty Drawback	-	-	-
87032391	Duty Drawback	-	-	-
87032392	Duty Drawback	-	-	-
87032399	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
87032310	Of a cylinder capacity exceeding 1500 cc but not exceeding 3000 cc:Other:Vehicles principally designed for the transport of more than seven persons, including the driver	1.5%%
87032320	Of a cylinder capacity exceeding 1500 cc but not exceeding 3000 cc:Other:Three-wheeled vehicles	1.40%%
87032391	Of a cylinder capacity exceeding 1500 cc but not exceeding 3000 cc:Other:Motor cars	1.5%%
87032392	Of a cylinder capacity exceeding 1500 cc but not exceeding 3000 cc:Other:Specialized transport vehicles such as ambulances, prison vans and the like	1.5%%
87032399	Of a cylinder capacity exceeding 1500 cc but not exceeding 3000 cc	0.9%%

Standard Input Output Norms of 870323 (MOTOR CARS AND OTHER MOTORVEHICLES PRINCIPALLY DESIGNED FORTHE TRANSPORT OF PERSONS (OTHER THAN THOSE OF HEADING 8702), INCLUDING STATION WAGONS AND RACING CARS.)

Product Details

Export Item	Quantity	Import Item	Qty Allowed.
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TOP BUYING COUNTRIES of 870323 (MOTOR CARS AND OTHER MOTORVEHICLES PRINCIPALLY DESIGNED FORTHE TRANSPORT OF PERSONS (OTHER THAN THOSE OF HEADING 8702), INCLUDING STATION WAGONS AND RACING CARS.)