AND OTHER WATCHES, INCLUDING STOP-WATCHES, WITH CASE OFPRECIOUS METAL OR OF METAL CLADWITH PRECIOUS METALWrist-watches, electrically operated whether or not incorporating a stop-watch facility:With mechanical display only.
HS codes falls under this category.
HS Codes | Duty Drawback | Unit | Drawback Rate | Drawback cap per unit in Rs. |
91011100 | Duty Drawback | - | Nil | - |
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 |
91011100 | AND OTHER WATCHES, INCLUDING STOP-WATCHES, WITH CASE OFPRECIOUS METAL OR OF METAL CLADWITH PRECIOUS METALWrist-watches, electrically operated whether or not incorporating a stop-watch facility:With mechanical display only | 0.5%% |