HS Code of 870422 (MOTOR VEHICLES FOR THE TRANSPORT OF GOODS)

Description:

MOTOR VEHICLES FOR THE TRANSPORT OF GOODS.

HS codes falls under this category.

Incentives of 870422 (MOTOR VEHICLES FOR THE TRANSPORT OF GOODS)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
87042211 Duty Drawback - 2 -
87042219 Duty Drawback - 2 -
87042290 Duty Drawback - 2 -

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
87042211 g.v.w. exceeding 5 tonnes but not exceeding 20 tonnes:Lorries and trucks:Refrigerated 1.1%%
87042219 g.v.w. exceeding 5 tonnes but not exceeding 20 tonnes:Lorries and trucks:Other 1.1%%
87042290 g.v.w. exceeding 5 tonnes but not exceeding 20 tonnes:Lorries and trucks:Other 1.1%%
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