HS Code of 870431 (MOTOR VEHICLES FOR THE TRANSPORT OF GOODS)

Description:

MOTOR VEHICLES FOR THE TRANSPORT OF GOODS.

HS codes falls under this category.

Incentives of 870431 (MOTOR VEHICLES FOR THE TRANSPORT OF GOODS)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
87043110 Duty Drawback - 2 -
87043120 Duty Drawback - 2 -
87043190 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
87043110 Other, with spark-ignition internal combustion piston engine:g.v.w. not exceeding 5 tonnes:Refrigerated 1.5%%
87043120 Other, with spark-ignition internal combustion piston engine:g.v.w. not exceeding 5 tonnes:Three-wheeled motor vehicles 1.5%%
87043190 Other, with spark-ignition internal combustion piston engine:g.v.w. not exceeding 5 tonnes:Other 1.5%%
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