HS Code of 901600 (BALANCES OF A SENSITIVITY OF 5cg OR BETTER, WITH OR WITHOUT WEIGHTS)

Description:

BALANCES OF A SENSITIVITY OF 5cg OR BETTER, WITH OR WITHOUT WEIGHTS.

HS codes falls under this category.

Incentives of 901600 (BALANCES OF A SENSITIVITY OF 5cg OR BETTER, WITH OR WITHOUT WEIGHTS)

HS Codes	Duty Drawback	Unit	Drawback Rate	Drawback cap per unit in Rs.
90160010	Duty Drawback	-	1.5	-
90160020	Duty Drawback	-	1.5	-
90160090	Duty Drawback	-	1.5	-

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
90160010	Balances of a sensitivity of 5cg or better with or without weights:Electric Balances	0.5%%
90160020	Balances of a sensitivity of 5cg or better with or without weights:Other balances	0.5%%
90160090	Balances of a sensitivity of 5cg or better with or without weights:Parts	0.5%%