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.

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%%
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