HS Code of 870380 (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.

87038010 87038020 87038030 87038040 87038090

Incentives of 870380 (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.
87038010	Duty Drawback	-	-	-
87038020	Duty Drawback	-	-	-
87038030	Duty Drawback	-	-	-
87038040	Duty Drawback	-	-	-
87038090	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
87038010	Other vehicles, with only electric motor for propulsion:Vehicles principally designed for transport of more than seven persons, including driver	0.6%%
87038020	Other vehicles, with only electric motor for propulsion:Specialised transport vehicles such as ambulances, prison vans and the like	0.6%%
87038030	Other vehicles, with only electric motor for propulsion:Motor cars	0.6%%
87038040	Other vehicles, with only electric motor for propulsion:Three- wheeled vehicles	1.5%%
87038090	Other vehicles, with only electric motor for propulsion:Other	0.6%%

Standard Input Output Norms of 870380 (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 870380 (MOTOR CARS AND OTHER MOTORVEHICLES PRINCIPALLY DESIGNED FORTHE TRANSPORT OF PERSONS (OTHER THAN THOSE OF HEADING 8702), INCLUDING STATION WAGONS AND RACING CARS.)