HS Code of 870870 (Road Wheels And Parts And Accessories Thereof)

Description:

Road wheels and parts and accessories thereof.

HS codes falls under this category.

87087000

Incentives of 870870 (Road Wheels And Parts And Accessories Thereof)

HS Codes	Duty Drawback	Unit	Drawback Rate	Drawback cap per unit in Rs.
87087000	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
87087000	Road wheels and parts and accessories thereof	0.5%%

Standard Input Output Norms of 870870 (Road Wheels And Parts And Accessories Thereof)

Product Details

Export Item	Quantity	Import Item	Qty Allowed.
Truck & Trailer Wheels	1 No. (Weight 46 Kgs +/-1%)	Non-alloy Steel Plates for Rim (HSN No. 7208.52)	24.43 kg
		Truck & Trailer Wheels	1 No. (Weight 46 Kgs +/-1%)	Non-alloy Steel Plates for Disc (HSN No. 7208.51)	24.64 kg
				Truck & Trailer Wheels	1 No. (Weight 46 Kgs +/-1%)	1. Non Alloy Steel Plates for Rim Integral with Ring	33.43 Kg
						Truck & Trailer Wheels	1 No. (Weight 46 Kgs +/-1%)	2. Non Alloy Steel Plate for Disc	24.64 Kg
Wheels for Agricultural and Forestry Equipment such as Tractors, Backhoc Loaders, Lagskidders and Skid Steers (weight range 21 Kgs to 59 Kgs)	1 No.							HR Plates/ HR Wide Coils (thickness greater than and equal to 5 mm) of relevant grade of steel	1.20 Kgs/Kg content in the export product
		Wheels for Agricultural and Forestry Equipment such as Tractors, Backhoc Loaders, Lagskidders and Skid Steers (weight range 21 Kgs to 59 Kgs)	1 No.					HR Sheets/ HR wide Coils (thickness less than 5 mm) of relevant grade of steel	1.09 Kgs/Kg content in the export product
				Wheels for Agricultural and Forestry Equipment such as Tractors, Backhoc Loaders, Lagskidders and Skid Steers (weight range 21 Kgs to 59 Kgs)	1 No.			Paint & Thinner	3% of FOB value
						Wheels for Agricultural and Forestry Equipment such as Tractors, Backhoc Loaders, Lagskidders and Skid Steers (weight range 21 Kgs to 59 Kgs)	1 No.	Welding Wire/ Flux	3% of weight of Steel to be welded