HS Code of 720711 (SEMI- FINISHED PRODUCTS OF IRON OR NON-ALLOY STEEL)

Description:

SEMI- FINISHED PRODUCTS OF IRON OR NON-ALLOY STEEL.

HS codes falls under this category.

72071110 72071120 72071130 72071190

Incentives of 720711 (SEMI- FINISHED PRODUCTS OF IRON OR NON-ALLOY STEEL)

HS Codes	Duty Drawback	Unit	Drawback Rate	Drawback cap per unit in Rs.
72071110	Duty Drawback	-	1.5	-
72071120	Duty Drawback	-	1.5	-
72071130	Duty Drawback	-	1.5	-
72071190	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
72071110	Containing by weight less than 0.25% of carbon:Of rectangular (including square) crosssection, the width measuring less than twice the thickness:Electrical quality	-
72071120	Containing by weight less than 0.25% of carbon:Of rectangular (including square) crosssection, the width measuring less than twice the thickness:Forging quality	-
72071130	Containing by weight less than 0.25% of carbon:Of rectangular (including square) crosssection, the width measuring less than twice the thickness:Seamless steel tube quality	-
72071190	Containing by weight less than 0.25% of carbon:Of rectangular (including square) crosssection, the width measuring less than twice the thickness:Other	-