HS Code of 7203 (FERROUS PRODUCTS OBTAINED BYDIRECT REDUCTION OF IRON ORE ANDOTHER SPONGY FERROUS PRODUCTS,IN LUMPS, PELLETS OR SIMILARFORMS; IRON HAVING MINIMUMPURITY BY WEIGHT OF 99.94%, IN LUMPS, PELLETS OR SIMILAR FORMS)

Description:

FERROUS PRODUCTS OBTAINED BYDIRECT REDUCTION OF IRON ORE ANDOTHER SPONGY FERROUS PRODUCTS,IN LUMPS, PELLETS OR SIMILARFORMS; IRON HAVING MINIMUMPURITY BY WEIGHT OF 99.94%, IN LUMPS, PELLETS OR SIMILAR FORMS.

HS codes falls under this category.

Incentives of 7203 (FERROUS PRODUCTS OBTAINED BYDIRECT REDUCTION OF IRON ORE ANDOTHER SPONGY FERROUS PRODUCTS,IN LUMPS, PELLETS OR SIMILARFORMS; IRON HAVING MINIMUMPURITY BY WEIGHT OF 99.94%, IN LUMPS, PELLETS OR SIMILAR FORMS)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
720310 Duty Drawback - 1.1 -
720390 Duty Drawback - 1.1 -

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
720310 Ferrous products obtained by direct reduction of iron ore -
720390 Other -
Standard Input Output Norms of 7203 (FERROUS PRODUCTS OBTAINED BYDIRECT REDUCTION OF IRON ORE ANDOTHER SPONGY FERROUS PRODUCTS,IN LUMPS, PELLETS OR SIMILARFORMS; IRON HAVING MINIMUMPURITY BY WEIGHT OF 99.94%, IN LUMPS, PELLETS OR SIMILAR FORMS)

Product Details

Export Item Quantity Import Item Qty Allowed.
Direct Red 12 B (Direct Red 31) (C.I. NO. 29100) 1 kg Rhoduline Acid 0.326 kg
Direct Red 12 B (Direct Red 31) (C.I. NO. 29100) 1 kg Aniline Oil 0.15 kg
Direct Red 81 (Dye content 70%) 1 kg J-Acid 0.300 kg
Direct Red 79 (Direct Supra Light Fast Red 6B H/C) Dye content 85% 1 kg H-Acid 0.752 kg
Direct Red 79 (Direct Supra Light Fast Red 6B H/C) Dye content 85% 1 kg Benzene Sulphonyl 0.472 kg
Direct Red 79 (Direct Supra Light Fast Red 6B H/C) Dye content 85% 1 kg P- Cresidine 0.247 kg
Direct Red 79 (Direct Supra Light Fast Red 6B H/C) Dye content 85% 1 kg Sodium Nitrite 0.129 kg
Direct Red 79 (Direct Supra Light Fast Red 6B H/C) Dye content 85% 1 kg Sodium Acetate 0.608 kg
Direct Red 79 (Direct Supra Light Fast Red 6B H/C) Dye content 85% 1 kg Sodium Hydroxide 0.436 kg
Direct Red 79 (Direct Supra Light Fast Red 6B H/C) Dye content 85% 1 kg Sodium Carbonate 0.533 kg
Direct Red 80 (Dye content 65%) 1 kg J. Acid Urea 0.200 kg
Direct Red 239 (Dye content 68%) 1 kg J-Acid Urea 0.363 kg
Direct Red 239 (Dye content 68%) 1 kg Beta Naphthol 0.331 kg
Direct Reduction reforming catalyst Type DRC-07 RWH Nickel content: 7.5-9%(w/w) Bulk density : 1 kg per litre 1 Cubic metre Nickel 76.86 kgm
Direct Reduction reforming catalyst Type DRC-07 RWH Nickel content: 7.5-9%(w/w) Bulk density : 1 kg per litre 1 Cubic metre Alumina Powder 141 kgm
Coal based Direct Reduced Iron (Briquetted Iron/ Sponge Iron) 1000 kg Caliberated Iron ore having iron content 67% or above 1500 kg
Coal based Direct Reduced Iron (Briquetted Iron/ Sponge Iron) 1000 kg Non coking coal having ash content 12% or less 800 kg
Coal based Direct Reduced Iron (Briquetted Iron/ Sponge Iron) 1000 kg Dolomite 45 kg
Coal based Direct Reduced Iron (Briquetted Iron/ Sponge Iron) 1000 kg High Alumina refractory bricks 0.5 kg
Coal based Direct Reduced Iron (Briquetted Iron/ Sponge Iron) 1000 kg Castable refractory 0.12 kg
Coal based Direct Reduced Iron (Briquetted Iron/ Sponge Iron) 1000 kg Briquetting moulds (those having briquetting facility) 0.000066 Nos
Coal based Direct Reduced Iron (Briquetted Iron/ Sponge Iron) 1000 kg Light diesel oil 0.48 Lts
Iron Ore pellets (from Limonite Ore) 1000 Kgs Lime Stone/Dolomite 35 Kgs
Iron Ore pellets (from Limonite Ore) 1000 Kgs Bentonite 5 Kgs
Iron Ore pellets (from Limonite Ore) 1000 Kgs Grinding Media 0.4 Kg
Iron Ore pellets (from Limonite Ore) 1000 Kgs Furnace Oil 40 Kgs
Iron Ore Pellets. (from Haematite Ore) 1000 kgs. Iron Ore Fines 1000 Kgs
Iron Ore Pellets. (from Haematite Ore) 1000 kgs. Lime Stone/ Dolomite 29 Kgs
Iron Ore Pellets. (from Haematite Ore) 1000 kgs. Bentonite 5 Kgs
Iron Ore Pellets. (from Haematite Ore) 1000 kgs. Chromium based grinding media having 10-18% chromium content in the steel balls of different diameters 0.4 Kg
Iron Ore Pellets. (from Haematite Ore) 1000 kgs. Furnace Oil 37 Kgs
Iron Ore Pellets. (from Haematite Ore) 1000 kgs. Flocculent 0.0017 kg
Iron Ore including Processed Iron Ore 1 MT Tricone Rock Roller Bits with Nozzle Assembly 1% of FOB value of resultant product
TOP BUYING COUNTRIES of 7203 (FERROUS PRODUCTS OBTAINED BYDIRECT REDUCTION OF IRON ORE ANDOTHER SPONGY FERROUS PRODUCTS,IN LUMPS, PELLETS OR SIMILARFORMS; IRON HAVING MINIMUMPURITY BY WEIGHT OF 99.94%, IN LUMPS, PELLETS OR SIMILAR FORMS)
S.No Country Name Shipment Value (Currency) Total Buyers
1UZBEKISTAN3,678,693,073 USD15
2RUSSIA1,192,557,579 USD12
3CHINA990,220,826 USD9
4MEXICO826,424,314 USD28
5TURKEY574,567,412 USD32
6BANGLADESH470,747,553 USD12
7VIETNAM449,966,441 USD35
8ITALY441,144,112 USD3
9BELGIUM425,555,525 USD4
10SWITZERLAND226,113,340 USD2

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