| HS Codes | Duty Drawback | Unit | Drawback Rate | Drawback cap per unit in Rs. |
| 722211 | Duty Drawback | - | 1.8 | - |
| 722219 | Duty Drawback | - | 1.8 | - |
| 722220 | Duty Drawback | - | 1.8 | - |
| 722230 | Duty Drawback | - | 1.8 | - |
| 722240 | 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 |
| 722211 | OTHER BARS AND RODS OF STAINLESS STEEL; ANGLES, SHAPES AND | - |
| 722219 | OTHER BARS AND RODS OF STAINLESS STEEL; ANGLES, SHAPES AND | - |
| 722220 | OTHER BARS AND RODS OF STAINLESS STEEL; ANGLES, SHAPES AND | - |
| 722230 | OTHER BARS AND RODS OF STAINLESS STEEL; ANGLES, SHAPES AND | - |
| 722240 | OTHER BARS AND RODS OF STAINLESS STEEL; ANGLES, SHAPES AND | - |
| Export Item | Quantity | Import Item | Qty Allowed. |
| Bright bar & Shaftings made from magnetic/ Nonmagnetic stainless steel | 1 kg | Chrome/nickel chrome/nickel chrome Moly. Stainless Steel rounds/Wire Rods/billets | 1.02 kg/kg content in export |
| Misc. Items : Refractory material, lubricating Oil, HSS Cutting tool/tungsten carbide tool/grinding wheel, furnace oil, anti-rust oil, coating chemicals/ picking inhabitors, die steel | limited to 4% of FOB Value of export | ||
| Bright bars and shafting other than those made from MS and Stainless Steel | 1 kg | Alloy Steel Non-Alloy steel Billets/ Rounds/ Wire Rods | 1.02 kg/kg content in export |
| Misc. Items : Lubricant Oil HSS cutting tools, grinding wheels, furnace oil, Anti-rust Oil/ ceating chemicals/ Picking Inhabitors | upto 4% of FOB Value of export | ||
| Bright bars made out of mild steel | 1 kg | MS Rounds/MS Bars/Rods/ Billets | 1.02 kg/kg content in export |
| Misc. Items : Lubricant Oil HSS cutting tools, grinding wheels, furnace oil, Anti-rust Oil/ ceating chemicals/ Picking Inhabitors | Upto 4 % of FOB value of export. | ||
| Cold Formed Metal Section | 1 kg | Cold Rolled Coil | 1.02 kg |
| Nickel Chromium Alloy(s) Wire /Strip of different composition | 1Kg | Nickel Pellets and /or Cathodes. | 1.03Kg/Kg of Nickel in the export product. |
| Chromium Metal Flake and/or Lumps. | 1.03Kg/Kg content in the export product. | ||
| Bars and Rods of Exhaust Valve Steel in ground finished condition | 1000 kg | Non-alloy Steel Melting Scrap | 735 kgs |
| Ferro Alloys comprising of Low Carbon (C:0.10% max.) Ferro Chrome/ Low Phosphorus (P:0.10% max.) Ferro Manganese OR | 642 kgs | ||
| Low Carbon (C:0.10% max.) Ferro Chrome | 468 kgs | ||
| Low Phosphorus (P:0.10% max.) Ferro Manganese/ Manganese Metal / Manganese Nitride | 130 kgs | ||
| Unwrought Nickel | 58 kgs |
| S.No | Country Name | Shipment Value (Currency) | Total Buyers |
| 1 | VIETNAM | 4,449,473,359 USD | 4,181 |
| 2 | ARGENTINA | 674,324,525 USD | 349 |
| 3 | MEXICO | 533,391,059 USD | 2,444 |
| 4 | INDONESIA | 168,302,608 USD | 929 |
| 5 | TURKEY | 152,196,728 USD | 772 |
| 6 | RUSSIA | 135,086,343 USD | 634 |
| 7 | BRAZIL | 121,272,591 USD | 193 |
| 8 | PHILIPPINES | 112,141,949 USD | 1,161 |
| 9 | UNITED STATES | 46,369,035 USD | 1,703 |
| 10 | CHILE | 43,376,435 USD | 207 |
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