HS Code of 870350 (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 870350 (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.
87035010 Duty Drawback - - -
87035020 Duty Drawback - - -
87035030 Duty Drawback - - -
87035040 Duty Drawback - - -
87035090 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
87035010 Other vehicles, with both compression-ignition internal combustion piston engine (diesel or semi-diesel) 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%%
87035020 Other vehicles, with both compression-ignition internal combustion piston engine (diesel or semi-diesel) 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%%
87035030 Other vehicles, with both compression-ignition internal combustion piston engine (diesel or semi-diesel) 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%%
87035040 Other vehicles, with both compression-ignition internal combustion piston engine (diesel or semi-diesel) 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%%
87035090 Other vehicles, with both compression-ignition internal combustion piston engine (diesel or semi-diesel) 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%%
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