HS Code of 980100 (ALL ITEMS OF MACHINERY INCLUDINGPRIME MOVERS, INSTRUMENTS,APPARATUS AND APPLIANCES, CONTROLGEAR AND TRANSMISSION EQUIPMENT,AUXILLIARY EQUIPMENT (INCLUDINGTHOSE REQUIRED FOR RESEARCH ANDDEVELOPMENT PURPOSES, TESTING ANDQUALITY CONTROL), AS WELL AS ALLCOMPONENTS (WHETHER FINISHED ORNOT) OR RAW MATERIALS FOR THE)

Description:

ALL ITEMS OF MACHINERY INCLUDINGPRIME MOVERS, INSTRUMENTS,APPARATUS AND APPLIANCES, CONTROLGEAR AND TRANSMISSION EQUIPMENT,AUXILLIARY EQUIPMENT (INCLUDINGTHOSE REQUIRED FOR RESEARCH ANDDEVELOPMENT PURPOSES, TESTING ANDQUALITY CONTROL), AS WELL AS ALLCOMPONENTS (WHETHER FINISHED ORNOT) OR RAW MATERIALS FOR THE.

HS codes falls under this category.

Incentives of 980100 (ALL ITEMS OF MACHINERY INCLUDINGPRIME MOVERS, INSTRUMENTS,APPARATUS AND APPLIANCES, CONTROLGEAR AND TRANSMISSION EQUIPMENT,AUXILLIARY EQUIPMENT (INCLUDINGTHOSE REQUIRED FOR RESEARCH ANDDEVELOPMENT PURPOSES, TESTING ANDQUALITY CONTROL), AS WELL AS ALLCOMPONENTS (WHETHER FINISHED ORNOT) OR RAW MATERIALS FOR THE)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
98010011 Duty Drawback - - -
98010012 Duty Drawback - - -
98010013 Duty Drawback - - -
98010014 Duty Drawback - - -
98010015 Duty Drawback - - -
98010019 Duty Drawback - - -
98010020 Duty Drawback - - -
98010030 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
98010011 MANUFACTURE OF THE AFORESAID ITEMSAND THEIR COMPONENTS, REQUIRED FORTHE INITIAL SETTING UP OF A UNIT, ORTHE SUBSTANTIAL EXPANSION OF ANEXISTING UNIT, OF A SPECIFIED: (1)INDUSTRIAL PLANT, (2) IRRIGATIONPROJECT, (3) POWER PROJECT,(4) MINING PROJECT, (5) PROJECT FOR THEEXPLORATION FOR OIL OR OTHERMINERALS, AND (6) SUCH OTHERPROJECTS AS THE CENTRALGOVERNMENT MAY, HAVING REGARD TOTHE ECONOMIC DEVELOPMENT OF THECOUNTRY NOTIFY IN THE OFFICIALGAZETTE IN THIS BEHALF; AND SPAREPARTS, OTHER RAW MATERIALS (INCLUDIN G SEMI-FINISHED MATERIAL) OR CONSUMABLE STORES NOTEXCEEDING 10% OF THE VALUE OF THEGOODS SPECIFIED ABOVE PROVIDEDTHAT SUCH SPARE PARTS, RAWMATERIALS OR CONSUMABLE STORESARE ESSENTIAL FOR THE MAINTENANCE OF THE PLANT OR PROJECT MENTIONED IN 1 TO 6 ABOVEAll items of machinery including prime movers, instruments, apparatus and appliances, control gear and transmission equipment, auxilliary equipment (including those required for research and development purposes, testing and quality control), as well as all components (whether finished or not) or raw materials for the manufacture of the aforesaid items and their components, required for the initial se tting up of a unit, or the substantial expansion of an existing unit, of a specified: (1) industrial plant, (2) irrigation project, (3) power project, (4) mining project, (5) project for the exploration for oil or other minerals, and (6) such other project s as the Central Government may, having regard to the economic development of the country notify in the Official Gazette in this behalf; and spare parts, other raw materials (including semi-finished material) or consumable stores not exceeding 10% of the v alue of the goods specified above provided that such spare parts, raw materials or consumable stores are essential for the maintenance of the plant or project mentioned in 1 to 6 above:Machinery:For industrial plant project 0.5%%
98010012 MANUFACTURE OF THE AFORESAID ITEMSAND THEIR COMPONENTS, REQUIRED FORTHE INITIAL SETTING UP OF A UNIT, ORTHE SUBSTANTIAL EXPANSION OF ANEXISTING UNIT, OF A SPECIFIED: (1)INDUSTRIAL PLANT, (2) IRRIGATIONPROJECT, (3) POWER PROJECT,(4) MINING PROJECT, (5) PROJECT FOR THEEXPLORATION FOR OIL OR OTHERMINERALS, AND (6) SUCH OTHERPROJECTS AS THE CENTRALGOVERNMENT MAY, HAVING REGARD TOTHE ECONOMIC DEVELOPMENT OF THECOUNTRY NOTIFY IN THE OFFICIALGAZETTE IN THIS BEHALF; AND SPAREPARTS, OTHER RAW MATERIALS (INCLUDIN G SEMI-FINISHED MATERIAL) OR CONSUMABLE STORES NOTEXCEEDING 10% OF THE VALUE OF THEGOODS SPECIFIED ABOVE PROVIDEDTHAT SUCH SPARE PARTS, RAWMATERIALS OR CONSUMABLE STORESARE ESSENTIAL FOR THE MAINTENANCE OF THE PLANT OR PROJECT MENTIONED IN 1 TO 6 ABOVEAll items of machinery including prime movers, instruments, apparatus and appliances, control gear and transmission equipment, auxilliary equipment (including those required for research and development purposes, testing and quality control), as well as all components (whether finished or not) or raw materials for the manufacture of the aforesaid items and their components, required for the initial se tting up of a unit, or the substantial expansion of an existing unit, of a specified: (1) industrial plant, (2) irrigation project, (3) power project, (4) mining project, (5) project for the exploration for oil or other minerals, and (6) such other project s as the Central Government may, having regard to the economic development of the country notify in the Official Gazette in this behalf; and spare parts, other raw materials (including semi-finished material) or consumable stores not exceeding 10% of the v alue of the goods specified above provided that such spare parts, raw materials or consumable stores are essential for the maintenance of the plant or project mentioned in 1 to 6 above:Machinery:For irrigation plant 0.5%%
98010013 MANUFACTURE OF THE AFORESAID ITEMSAND THEIR COMPONENTS, REQUIRED FORTHE INITIAL SETTING UP OF A UNIT, ORTHE SUBSTANTIAL EXPANSION OF ANEXISTING UNIT, OF A SPECIFIED: (1)INDUSTRIAL PLANT, (2) IRRIGATIONPROJECT, (3) POWER PROJECT,(4) MINING PROJECT, (5) PROJECT FOR THEEXPLORATION FOR OIL OR OTHERMINERALS, AND (6) SUCH OTHERPROJECTS AS THE CENTRALGOVERNMENT MAY, HAVING REGARD TOTHE ECONOMIC DEVELOPMENT OF THECOUNTRY NOTIFY IN THE OFFICIALGAZETTE IN THIS BEHALF; AND SPAREPARTS, OTHER RAW MATERIALS (INCLUDIN G SEMI-FINISHED MATERIAL) OR CONSUMABLE STORES NOTEXCEEDING 10% OF THE VALUE OF THEGOODS SPECIFIED ABOVE PROVIDEDTHAT SUCH SPARE PARTS, RAWMATERIALS OR CONSUMABLE STORESARE ESSENTIAL FOR THE MAINTENANCE OF THE PLANT OR PROJECT MENTIONED IN 1 TO 6 ABOVEAll items of machinery including prime movers, instruments, apparatus and appliances, control gear and transmission equipment, auxilliary equipment (including those required for research and development purposes, testing and quality control), as well as all components (whether finished or not) or raw materials for the manufacture of the aforesaid items and their components, required for the initial se tting up of a unit, or the substantial expansion of an existing unit, of a specified: (1) industrial plant, (2) irrigation project, (3) power project, (4) mining project, (5) project for the exploration for oil or other minerals, and (6) such other project s as the Central Government may, having regard to the economic development of the country notify in the Official Gazette in this behalf; and spare parts, other raw materials (including semi-finished material) or consumable stores not exceeding 10% of the v alue of the goods specified above provided that such spare parts, raw materials or consumable stores are essential for the maintenance of the plant or project mentioned in 1 to 6 above:Machinery:For power project 0.5%%
98010014 MANUFACTURE OF THE AFORESAID ITEMSAND THEIR COMPONENTS, REQUIRED FORTHE INITIAL SETTING UP OF A UNIT, ORTHE SUBSTANTIAL EXPANSION OF ANEXISTING UNIT, OF A SPECIFIED: (1)INDUSTRIAL PLANT, (2) IRRIGATIONPROJECT, (3) POWER PROJECT,(4) MINING PROJECT, (5) PROJECT FOR THEEXPLORATION FOR OIL OR OTHERMINERALS, AND (6) SUCH OTHERPROJECTS AS THE CENTRALGOVERNMENT MAY, HAVING REGARD TOTHE ECONOMIC DEVELOPMENT OF THECOUNTRY NOTIFY IN THE OFFICIALGAZETTE IN THIS BEHALF; AND SPAREPARTS, OTHER RAW MATERIALS (INCLUDIN G SEMI-FINISHED MATERIAL) OR CONSUMABLE STORES NOTEXCEEDING 10% OF THE VALUE OF THEGOODS SPECIFIED ABOVE PROVIDEDTHAT SUCH SPARE PARTS, RAWMATERIALS OR CONSUMABLE STORESARE ESSENTIAL FOR THE MAINTENANCE OF THE PLANT OR PROJECT MENTIONED IN 1 TO 6 ABOVEAll items of machinery including prime movers, instruments, apparatus and appliances, control gear and transmission equipment, auxilliary equipment (including those required for research and development purposes, testing and quality control), as well as all components (whether finished or not) or raw materials for the manufacture of the aforesaid items and their components, required for the initial se tting up of a unit, or the substantial expansion of an existing unit, of a specified: (1) industrial plant, (2) irrigation project, (3) power project, (4) mining project, (5) project for the exploration for oil or other minerals, and (6) such other project s as the Central Government may, having regard to the economic development of the country notify in the Official Gazette in this behalf; and spare parts, other raw materials (including semi-finished material) or consumable stores not exceeding 10% of the v alue of the goods specified above provided that such spare parts, raw materials or consumable stores are essential for the maintenance of the plant or project mentioned in 1 to 6 above:Machinery:For mining project 0.5%%
98010015 MANUFACTURE OF THE AFORESAID ITEMSAND THEIR COMPONENTS, REQUIRED FORTHE INITIAL SETTING UP OF A UNIT, ORTHE SUBSTANTIAL EXPANSION OF ANEXISTING UNIT, OF A SPECIFIED: (1)INDUSTRIAL PLANT, (2) IRRIGATIONPROJECT, (3) POWER PROJECT,(4) MINING PROJECT, (5) PROJECT FOR THEEXPLORATION FOR OIL OR OTHERMINERALS, AND (6) SUCH OTHERPROJECTS AS THE CENTRALGOVERNMENT MAY, HAVING REGARD TOTHE ECONOMIC DEVELOPMENT OF THECOUNTRY NOTIFY IN THE OFFICIALGAZETTE IN THIS BEHALF; AND SPAREPARTS, OTHER RAW MATERIALS (INCLUDIN G SEMI-FINISHED MATERIAL) OR CONSUMABLE STORES NOTEXCEEDING 10% OF THE VALUE OF THEGOODS SPECIFIED ABOVE PROVIDEDTHAT SUCH SPARE PARTS, RAWMATERIALS OR CONSUMABLE STORESARE ESSENTIAL FOR THE MAINTENANCE OF THE PLANT OR PROJECT MENTIONED IN 1 TO 6 ABOVEAll items of machinery including prime movers, instruments, apparatus and appliances, control gear and transmission equipment, auxilliary equipment (including those required for research and development purposes, testing and quality control), as well as all components (whether finished or not) or raw materials for the manufacture of the aforesaid items and their components, required for the initial se tting up of a unit, or the substantial expansion of an existing unit, of a specified: (1) industrial plant, (2) irrigation project, (3) power project, (4) mining project, (5) project for the exploration for oil or other minerals, and (6) such other project s as the Central Government may, having regard to the economic development of the country notify in the Official Gazette in this behalf; and spare parts, other raw materials (including semi-finished material) or consumable stores not exceeding 10% of the v alue of the goods specified above provided that such spare parts, raw materials or consumable stores are essential for the maintenance of the plant or project mentioned in 1 to 6 above:Machinery:Project for exploration of oil or other minerals -
98010019 MANUFACTURE OF THE AFORESAID ITEMSAND THEIR COMPONENTS, REQUIRED FORTHE INITIAL SETTING UP OF A UNIT, ORTHE SUBSTANTIAL EXPANSION OF ANEXISTING UNIT, OF A SPECIFIED: (1)INDUSTRIAL PLANT, (2) IRRIGATIONPROJECT, (3) POWER PROJECT,(4) MINING PROJECT, (5) PROJECT FOR THEEXPLORATION FOR OIL OR OTHERMINERALS, AND (6) SUCH OTHERPROJECTS AS THE CENTRALGOVERNMENT MAY, HAVING REGARD TOTHE ECONOMIC DEVELOPMENT OF THECOUNTRY NOTIFY IN THE OFFICIALGAZETTE IN THIS BEHALF; AND SPAREPARTS, OTHER RAW MATERIALS (INCLUDIN G SEMI-FINISHED MATERIAL) OR CONSUMABLE STORES NOTEXCEEDING 10% OF THE VALUE OF THEGOODS SPECIFIED ABOVE PROVIDEDTHAT SUCH SPARE PARTS, RAWMATERIALS OR CONSUMABLE STORESARE ESSENTIAL FOR THE MAINTENANCE OF THE PLANT OR PROJECT MENTIONED IN 1 TO 6 ABOVEAll items of machinery including prime movers, instruments, apparatus and appliances, control gear and transmission equipment, auxilliary equipment (including those required for research and development purposes, testing and quality control), as well as all components (whether finished or not) or raw materials for the manufacture of the aforesaid items and their components, required for the initial se tting up of a unit, or the substantial expansion of an existing unit, of a specified: (1) industrial plant, (2) irrigation project, (3) power project, (4) mining project, (5) project for the exploration for oil or other minerals, and (6) such other project s as the Central Government may, having regard to the economic development of the country notify in the Official Gazette in this behalf; and spare parts, other raw materials (including semi-finished material) or consumable stores not exceeding 10% of the v alue of the goods specified above provided that such spare parts, raw materials or consumable stores are essential for the maintenance of the plant or project mentioned in 1 to 6 above:Machinery:For other projects 0.5%%
98010020 MANUFACTURE OF THE AFORESAID ITEMSAND THEIR COMPONENTS, REQUIRED FORTHE INITIAL SETTING UP OF A UNIT, ORTHE SUBSTANTIAL EXPANSION OF ANEXISTING UNIT, OF A SPECIFIED: (1)INDUSTRIAL PLANT, (2) IRRIGATIONPROJECT, (3) POWER PROJECT,(4) MINING PROJECT, (5) PROJECT FOR THEEXPLORATION FOR OIL OR OTHERMINERALS, AND (6) SUCH OTHERPROJECTS AS THE CENTRALGOVERNMENT MAY, HAVING REGARD TOTHE ECONOMIC DEVELOPMENT OF THECOUNTRY NOTIFY IN THE OFFICIALGAZETTE IN THIS BEHALF; AND SPAREPARTS, OTHER RAW MATERIALS (INCLUDIN G SEMI-FINISHED MATERIAL) OR CONSUMABLE STORES NOTEXCEEDING 10% OF THE VALUE OF THEGOODS SPECIFIED ABOVE PROVIDEDTHAT SUCH SPARE PARTS, RAWMATERIALS OR CONSUMABLE STORESARE ESSENTIAL FOR THE MAINTENANCE OF THE PLANT OR PROJECT MENTIONED IN 1 TO 6 ABOVEAll items of machinery including prime movers, instruments, apparatus and appliances, control gear and transmission equipment, auxilliary equipment (including those required for research and development purposes, testing and quality control), as well as all components (whether finished or not) or raw materials for the manufacture of the aforesaid items and their components, required for the initial se tting up of a unit, or the substantial expansion of an existing unit, of a specified: (1) industrial plant, (2) irrigation project, (3) power project, (4) mining project, (5) project for the exploration for oil or other minerals, and (6) such other project s as the Central Government may, having regard to the economic development of the country notify in the Official Gazette in this behalf; and spare parts, other raw materials (including semi-finished material) or consumable stores not exceeding 10% of the v alue of the goods specified above provided that such spare parts, raw materials or consumable stores are essential for the maintenance of the plant or project mentioned in 1 to 6 above:Machinery:Components (whether finished or not) or raw materials for the manufacture of aforesaid items and their components required for the initial setting up of a unit or the substantial expansion of a unit 0.5%%
98010030 MANUFACTURE OF THE AFORESAID ITEMSAND THEIR COMPONENTS, REQUIRED FORTHE INITIAL SETTING UP OF A UNIT, ORTHE SUBSTANTIAL EXPANSION OF ANEXISTING UNIT, OF A SPECIFIED: (1)INDUSTRIAL PLANT, (2) IRRIGATIONPROJECT, (3) POWER PROJECT,(4) MINING PROJECT, (5) PROJECT FOR THEEXPLORATION FOR OIL OR OTHERMINERALS, AND (6) SUCH OTHERPROJECTS AS THE CENTRALGOVERNMENT MAY, HAVING REGARD TOTHE ECONOMIC DEVELOPMENT OF THECOUNTRY NOTIFY IN THE OFFICIALGAZETTE IN THIS BEHALF; AND SPAREPARTS, OTHER RAW MATERIALS (INCLUDIN G SEMI-FINISHED MATERIAL) OR CONSUMABLE STORES NOTEXCEEDING 10% OF THE VALUE OF THEGOODS SPECIFIED ABOVE PROVIDEDTHAT SUCH SPARE PARTS, RAWMATERIALS OR CONSUMABLE STORESARE ESSENTIAL FOR THE MAINTENANCE OF THE PLANT OR PROJECT MENTIONED IN 1 TO 6 ABOVEAll items of machinery including prime movers, instruments, apparatus and appliances, control gear and transmission equipment, auxilliary equipment (including those required for research and development purposes, testing and quality control), as well as all components (whether finished or not) or raw materials for the manufacture of the aforesaid items and their components, required for the initial se tting up of a unit, or the substantial expansion of an existing unit, of a specified: (1) industrial plant, (2) irrigation project, (3) power project, (4) mining project, (5) project for the exploration for oil or other minerals, and (6) such other project s as the Central Government may, having regard to the economic development of the country notify in the Official Gazette in this behalf; and spare parts, other raw materials (including semi-finished material) or consumable stores not exceeding 10% of the v alue of the goods specified above provided that such spare parts, raw materials or consumable stores are essential for the maintenance of the plant or project mentioned in 1 to 6 above:Machinery:Spare parts and other raw materials (including semifinished materials) or consumable stores for the maintenance of plant or project 0.5%%
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