HS Code of 870324 (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.

87032410 87032420 87032491 87032492 87032499

Incentives of 870324 (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.
87032410	Duty Drawback	-	-	-
87032420	Duty Drawback	-	-	-
87032491	Duty Drawback	-	-	-
87032492	Duty Drawback	-	-	-
87032499	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
87032410	Of a cylinder capacity exceeding 3000 cc:Other:Vehicles principally designed for the transport of more than seven persons, including the driver	1.5%%
87032420	Of a cylinder capacity exceeding 3000 cc:Other:Three-wheeled vehicles	1.40%%
87032491	Of a cylinder capacity exceeding 3000 cc:Other:Motor cars	1.5%%
87032492	Of a cylinder capacity exceeding 3000 cc:Other:Specialised transport vehicles such as ambulances, prison vans and the like	1.5%%
87032499	Of a cylinder capacity exceeding 3000 cc	1.40%%

Standard Input Output Norms of 870324 (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 870324 (MOTOR CARS AND OTHER MOTORVEHICLES PRINCIPALLY DESIGNED FORTHE TRANSPORT OF PERSONS (OTHER THAN THOSE OF HEADING 8702), INCLUDING STATION WAGONS AND RACING CARS.)