HS Code of 870880 (Suspension Systems And Parts Thereof (including Shock Absorbers))

Description:

Suspension systems and parts thereof (including shock absorbers).

HS codes falls under this category.

Incentives of 870880 (Suspension Systems And Parts Thereof (including Shock Absorbers))

HS Codes	Duty Drawback	Unit	Drawback Rate	Drawback cap per unit in Rs.
87088000	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
87088000	Suspension systems and parts thereof (including shock absorbers)	0.5%%

Standard Input Output Norms of 870880 (Suspension Systems And Parts Thereof (including Shock Absorbers))

Product Details

Export Item	Quantity	Import Item	Qty Allowed.
Shock Absorbers for Two wheelers/three wheelers	1No.	Bump Stop (Hexagon RSI)	1No.
Shock Absorbers for Cars/Jeep-conventional	1No.	M.L. Seal	1No.
Suspension Hanger made of Stainless Steel Wire-Grade AISI 302.	1 Kg.	Stainless Steel Wire Rods- Grade AISI 302	1.02 Kg/Kg content in the export product.