HS Code of 8461 (MACHINE-TOOLS FOR PLANING,SHAPING, SLOTTING, BROACHING,GEAR CUTTING, GEAR GRINDING ORGEAR FINISHING, SAWING, CUTTING-OFF AND OTHER MACHINE TOOLSWORKING BY REMOVING METAL, ORCERMETS, NOT ELSEWHERE SPECIFIED OR INCLUDED)

Description:

MACHINE-TOOLS FOR PLANING,SHAPING, SLOTTING, BROACHING,GEAR CUTTING, GEAR GRINDING ORGEAR FINISHING, SAWING, CUTTING-OFF AND OTHER MACHINE TOOLSWORKING BY REMOVING METAL, ORCERMETS, NOT ELSEWHERE SPECIFIED OR INCLUDED.

HS codes falls under this category.

Incentives of 8461 (MACHINE-TOOLS FOR PLANING,SHAPING, SLOTTING, BROACHING,GEAR CUTTING, GEAR GRINDING ORGEAR FINISHING, SAWING, CUTTING-OFF AND OTHER MACHINE TOOLSWORKING BY REMOVING METAL, ORCERMETS, NOT ELSEWHERE SPECIFIED OR INCLUDED)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
846120 Duty Drawback - 2 -
846130 Duty Drawback - 2 -
846140 Duty Drawback - 2 -
846150 Duty Drawback - 2 -
846190 Duty Drawback - 2 -

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
846120 MACHINE-TOOLS FOR PLANING,SHAPING, SLOTTING, BROACHING,GEAR CUTTING, GEAR GRINDING ORGEAR FINISHING, SAWING, CUTTING-OFF AND OTHER MACHINE TOOLSWORKING BY REMOVING METAL, ORCERMETS, NOT ELSEWHERE SPECIFIED OR INCLUDED -
846130 MACHINE-TOOLS FOR PLANING,SHAPING, SLOTTING, BROACHING,GEAR CUTTING, GEAR GRINDING ORGEAR FINISHING, SAWING, CUTTING-OFF AND OTHER MACHINE TOOLSWORKING BY REMOVING METAL, ORCERMETS, NOT ELSEWHERE SPECIFIED OR INCLUDED -
846140 MACHINE-TOOLS FOR PLANING,SHAPING, SLOTTING, BROACHING,GEAR CUTTING, GEAR GRINDING ORGEAR FINISHING, SAWING, CUTTING-OFF AND OTHER MACHINE TOOLSWORKING BY REMOVING METAL, ORCERMETS, NOT ELSEWHERE SPECIFIED OR INCLUDED -
846150 MACHINE-TOOLS FOR PLANING,SHAPING, SLOTTING, BROACHING,GEAR CUTTING, GEAR GRINDING ORGEAR FINISHING, SAWING, CUTTING-OFF AND OTHER MACHINE TOOLSWORKING BY REMOVING METAL, ORCERMETS, NOT ELSEWHERE SPECIFIED OR INCLUDED -
846190 Other -
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