HS Code of 810420 (MAGNESIUM AND ARTICLES THEREOF, INCLUDING WASTE AND SCRAP)

Description:

MAGNESIUM AND ARTICLES THEREOF, INCLUDING WASTE AND SCRAP.

HS codes falls under this category.

81042010 81042090

Incentives of 810420 (MAGNESIUM AND ARTICLES THEREOF, INCLUDING WASTE AND SCRAP)

HS Codes	Duty Drawback	Unit	Drawback Rate	Drawback cap per unit in Rs.
81042010	Duty Drawback	-	1.5	-
81042090	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
81042010	Waste and scrap:Magnesium scrap, namely the following: Magnesium clips covered by ISRI code word Wafer; Magnesium scrap covered by ISRI code word Walnut; Magnesium engraver plates covered by ISRI code word Wine; Magnesium dock boards covered by ISIR code word Wood ; Magnesium turnings covered by ISRI code word World.	0.5%%
81042090	Waste and scrap:Other	0.5%%