HS Code of 7407 (COPPER BARS, RODS AND PROFILES)

Description:

COPPER BARS, RODS AND PROFILES.

HS codes falls under this category.

Incentives of 7407 (COPPER BARS, RODS AND PROFILES)

HS Codes	Duty Drawback	Unit	Drawback Rate	Drawback cap per unit in Rs.
740710	Duty Drawback	-	1.5	-
740721	Duty Drawback	-	1.5	-
740729	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
740710	COPPER BARS, RODS AND PROFILES	-
740721	COPPER BARS, RODS AND PROFILES	-
740729	COPPER BARS, RODS AND PROFILES	-

Standard Input Output Norms of 7407 (COPPER BARS, RODS AND PROFILES)

Product Details

Export Item	Quantity	Import Item	Qty Allowed.
Brass extruded Hollow sections such as pipes/ tubes	1 kg.	Brass scrap OR Brass Ingots/Billets.	1.08 Kg 1.02 Kg.
Brass extruded solid sections including Bars and Rods	1 kg	Brass scrap OR Brass Ingots/Billets.	1.08 kg 1.02Kg.
Phosphor Bronze fabric	1 kg	Phosphor Bronze Wire Rod	1.050 kg
Phosphor Bronze strips for tele-communication and electronics, including computer application	1 Kg	Phosphor Bronze Scrap OR	1.090 kg/kg content in the export product
		Phosphor Bronze strips for tele-communication and electronics, including computer application	1 Kg	Copper Wire Bar/ Cathode/ Ingot/ Rod OR Copper Scrap	1.064 kg/kg content in the export product OR 1.075Kg/Kg content in the export product.
				Phosphor Bronze strips for tele-communication and electronics, including computer application	1 Kg	Tin Ingot	1.064 kg/kg content in the export product
						Phosphor Bronze strips for tele-communication and electronics, including computer application	1 Kg	Tin Ingot	1.05 Kg/Kg of tin content