HS Codes | Duty Drawback | Unit | Drawback Rate | Drawback cap per unit in Rs. |
721510 | Duty Drawback | - | 1.8 | - |
721550 | Duty Drawback | - | 1.8 | - |
721590 | Duty Drawback | - | 1.8 | - |
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 |
721510 | Of free-cutting steel, not further worked than cold-formed or cold-finished | - |
721550 | OTHER BARS AND RODS OF IRON OR NON-ALLOY STEEL | - |
721590 | OTHER BARS AND RODS OF IRON OR NON-ALLOY STEEL | - |
Export Item | Quantity | Import Item | Qty Allowed. |
Ground Rod made out of Stainless Steel Scrap | 1 MT | Stainless Steel Scrap | 1.15 MT |
Draw bars | 1.0 kg | Non-Alloy Steel Round/ Billets | 1.5 kg/Kg content in the export product. |
Copper Bonded Grounding Rods | 1 kg | MS Bright Bars | 1.100 kg |
Copper Bar Cathodes | 0.050 kg | ||
Copper Bonded Ground Rods UL approved (0.01 inches copper coating). | 1 kg. | MS Bright Bars/Wire Rods. | 0.97Kgs. |
Copper Bar/Cathodes/Wire Bars. | 0.08Kgs. |
S.No | Country Name | Shipment Value (Currency) | Total Buyers |
1 | VIETNAM | 3,891,005,369 USD | 1,571 |
2 | MEXICO | 673,795,286 USD | 1,915 |
3 | ARGENTINA | 197,359,966 USD | 116 |
4 | TURKEY | 93,691,183 USD | 496 |
5 | GERMANY | 73,010,055 USD | 68 |
6 | BURKINA FASO | 60,522,196 USD | 4 |
7 | COLOMBIA | 55,989,954 USD | 209 |
8 | RUSSIA | 51,576,864 USD | 251 |
9 | UZBEKISTAN | 45,139,541 USD | 60 |
10 | PHILIPPINES | 41,778,538 USD | 459 |