HS Code of 870331 (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 870331 (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.
87033110 Duty Drawback - - -
87033191 Duty Drawback - - -
87033192 Duty Drawback - - -
87033199 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
87033110 Other vehicles, with only compression-ignition internal combustion piston engine (diesel or semidiesel):Of a cylinder capacity not exceeding 1500 cc:Other:Vehicles principally designed for the transport of more than seven persons, including the driver 1.5%%
87033191 Other vehicles, with only compression-ignition internal combustion piston engine (diesel or semidiesel):Of a cylinder capacity not exceeding 1500 cc:Other:Motor cars 0.9%%
87033192 Other vehicles, with only compression-ignition internal combustion piston engine (diesel or semidiesel):Of a cylinder capacity not exceeding 1500 cc:Other:Specialised transport vehicles such as ambulances, prison vans and the like 1.5%%
87033199 Other vehicles, with only compression-ignition internal combustion piston engine (diesel or semidiesel):Of a cylinder capacity not exceeding 1500 cc 0.9%%
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