HS-Code Description
HS Code of 8903 (YACHTS AND OTHER VESSELS FOR PLEASURE OR SPORTS; ROWING BOATS AND CANOES)

Description:

YACHTS AND OTHER VESSELS FOR PLEASURE OR SPORTS; ROWING BOATS AND CANOES.

HS codes falls under this category.

Incentives of 8903 (YACHTS AND OTHER VESSELS FOR PLEASURE OR SPORTS; ROWING BOATS AND CANOES)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
890310 Duty Drawback 1.7
890391 Duty Drawback 1.7
890392 Duty Drawback 1.7
890399 Duty Drawback 1.7

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
890310 Inflatable -
890391 Other :Sail boats, with or without auxiliary motor -
890392 Motorboats, other than outboard motor boats -
890399 YACHTS AND OTHER VESSELS FOR PLEASURE OR SPORTS; ROWING BOATS AND CANOES -
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