HS Code of 870423 (MOTOR VEHICLES FOR THE TRANSPORT OF GOODS)

Description:

MOTOR VEHICLES FOR THE TRANSPORT OF GOODS.

HS codes falls under this category.

Incentives of 870423 (MOTOR VEHICLES FOR THE TRANSPORT OF GOODS)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
87042311 Duty Drawback - 2 -
87042319 Duty Drawback - 2 -
87042390 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
87042311 g.v.w. exceeding 20 tonnes:Lorries and trucks:Refrigerated 1.1%%
87042319 g.v.w. exceeding 20 tonnes:Lorries and trucks:Other 1.1%%
87042390 g.v.w. exceeding 20 tonnes:Lorries and trucks:Other 1.1%%
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