HS Code of 701990 (GLASS FIBRES (INCLUDING GLASSWOOL) AND ARTICLES THEREOF (FOR EXAMPLE, YARN, WOVEN FABRICS))

Description:

GLASS FIBRES (INCLUDING GLASSWOOL) AND ARTICLES THEREOF (FOR EXAMPLE, YARN, WOVEN FABRICS).

HS codes falls under this category.

Incentives of 701990 (GLASS FIBRES (INCLUDING GLASSWOOL) AND ARTICLES THEREOF (FOR EXAMPLE, YARN, WOVEN FABRICS))
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
70199010 Duty Drawback - 1.5 -
70199090 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
70199010 Other:Glass wool or glass fibre 1.3%%
70199090 Other 1.3%%
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