HS-Code Description
HS Code of 871160 (MOTORCYCLES (INCLUDING MOPEDS) ANDCYCLES FITTED WITH AN AUXILIARY MOTOR, WITH OR WITHOUT SIDE-CARS)

Description:

MOTORCYCLES (INCLUDING MOPEDS) ANDCYCLES FITTED WITH AN AUXILIARY MOTOR, WITH OR WITHOUT SIDE-CARS.

HS codes falls under this category.

Incentives of 871160 (MOTORCYCLES (INCLUDING MOPEDS) ANDCYCLES FITTED WITH AN AUXILIARY MOTOR, WITH OR WITHOUT SIDE-CARS)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
87116010 Duty Drawback
87116020 Duty Drawback
87116030 Duty Drawback
87116090 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
87116010 With electric motor for propulsionMotor cycles 0.5%%
87116020 With electric motor for propulsionScooters 0.5%%
87116030 With electric motor for propulsionMopeds 0.5%%
87116090 With electric motor for propulsionOthers 0.3%%
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