HS-Code Description

HS Code of 870340 (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.

87034010 87034020 87034030 87034040 87034090

Incentives of 870340 (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.
87034010	Duty Drawback	-	-	-
87034020	Duty Drawback	-	-	-
87034030	Duty Drawback	-	-	-
87034040	Duty Drawback	-	-	-
87034090	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
87034010	Other vehicles, with both spark-ignition internal combustion reciprocating piston engine and electric motor as motors for propulsion, other than those capable of being charged by plugging to external source of electric power:Vehicles principally designed for transport of more than seven persons, including driver	1.5%%
87034020	Other vehicles, with both spark-ignition internal combustion reciprocating piston engine and electric motor as motors for propulsion, other than those capable of being charged by plugging to external source of electric power:Specialised transport vehicles such as ambulances, prison vans and the like	1.5%%
87034030	Other vehicles, with both spark-ignition internal combustion reciprocating piston engine and electric motor as motors for propulsion, other than those capable of being charged by plugging to external source of electric power:Motor cars	1%%
87034040	Other vehicles, with both spark-ignition internal combustion reciprocating piston engine and electric motor as motors for propulsion, other than those capable of being charged by plugging to external source of electric power:Three- wheeled vehicles	1.40%%
87034090	Other vehicles, with both spark-ignition internal combustion reciprocating piston engine and electric motor as motors for propulsion, other than those capable of being charged by plugging to external source of electric power:Other	0.6%%

Standard Input Output Norms of 870340 (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.
No records found

TOP BUYING COUNTRIES of 870340 (MOTOR CARS AND OTHER MOTORVEHICLES PRINCIPALLY DESIGNED FORTHE TRANSPORT OF PERSONS (OTHER THAN THOSE OF HEADING 8702), INCLUDING STATION WAGONS AND RACING CARS.)

S.No	Country Name	Shipment Value (Currency)	Total Buyers
No records found

Description:

REWARD UNDER MERCHANDISE EXPORTS FROM India SCHEME (MEIS) [AS % ON FOB VALUE OF EXPORTS]

Product Details

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