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.

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%%
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