HS Code of 8462 (MACHINE-TOOLS (INCLUDINGPRESSES) FOR WORKING METAL BYFORGING, HAMMERING OR DIE-STAMPING; MACHINE-TOOLS(INCLUDING PRESSES) FOR WORKINGMETAL BY BENDING, FOLDINGSTRAIGHTENING, FLATTENING,SHEARING, PUNCHING OR NOTCHING;PRESSES FOR WORKING METAL ORMETAL CARBIDES, NOT SPECIFIED ABOVE)

Description:

MACHINE-TOOLS (INCLUDINGPRESSES) FOR WORKING METAL BYFORGING, HAMMERING OR DIE-STAMPING; MACHINE-TOOLS(INCLUDING PRESSES) FOR WORKINGMETAL BY BENDING, FOLDINGSTRAIGHTENING, FLATTENING,SHEARING, PUNCHING OR NOTCHING;PRESSES FOR WORKING METAL ORMETAL CARBIDES, NOT SPECIFIED ABOVE.

HS codes falls under this category.

Incentives of 8462 (MACHINE-TOOLS (INCLUDINGPRESSES) FOR WORKING METAL BYFORGING, HAMMERING OR DIE-STAMPING; MACHINE-TOOLS(INCLUDING PRESSES) FOR WORKINGMETAL BY BENDING, FOLDINGSTRAIGHTENING, FLATTENING,SHEARING, PUNCHING OR NOTCHING;PRESSES FOR WORKING METAL ORMETAL CARBIDES, NOT SPECIFIED ABOVE)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
846210 Duty Drawback - 2 -
846221 Duty Drawback - 2 -
846229 Duty Drawback - 2 -
846231 Duty Drawback - 2 -
846239 Duty Drawback - 2 -
846241 Duty Drawback - 2 -
846249 Duty Drawback - 2 -
846291 Duty Drawback - 2 -
846299 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
846210 MACHINE-TOOLS (INCLUDINGPRESSES) FOR WORKING METAL BYFORGING, HAMMERING OR DIE-STAMPING; MACHINE-TOOLS(INCLUDING PRESSES) FOR WORKINGMETAL BY BENDING, FOLDINGSTRAIGHTENING, FLATTENING,SHEARING, PUNCHING OR NOTCHING;PRESSES FOR WORKING METAL ORMETAL CARBIDES, NOT SPECIFIED ABOVE -
846221 Bending, folding, straightening or flattening machines (including presses):Numerically controlled -
846229 MACHINE-TOOLS (INCLUDINGPRESSES) FOR WORKING METAL BYFORGING, HAMMERING OR DIE-STAMPING; MACHINE-TOOLS(INCLUDING PRESSES) FOR WORKINGMETAL BY BENDING, FOLDINGSTRAIGHTENING, FLATTENING,SHEARING, PUNCHING OR NOTCHING;PRESSES FOR WORKING METAL ORMETAL CARBIDES, NOT SPECIFIED ABOVE -
846231 Shearing machines (including presses), other than combined punching and shearing machines:Numerically controlled -
846239 MACHINE-TOOLS (INCLUDINGPRESSES) FOR WORKING METAL BYFORGING, HAMMERING OR DIE-STAMPING; MACHINE-TOOLS(INCLUDING PRESSES) FOR WORKINGMETAL BY BENDING, FOLDINGSTRAIGHTENING, FLATTENING,SHEARING, PUNCHING OR NOTCHING;PRESSES FOR WORKING METAL ORMETAL CARBIDES, NOT SPECIFIED ABOVE -
846241 Punching or notching machines (including presses), including combined punching and shearing machines:Numerically controlled -
846249 MACHINE-TOOLS (INCLUDINGPRESSES) FOR WORKING METAL BYFORGING, HAMMERING OR DIE-STAMPING; MACHINE-TOOLS(INCLUDING PRESSES) FOR WORKINGMETAL BY BENDING, FOLDINGSTRAIGHTENING, FLATTENING,SHEARING, PUNCHING OR NOTCHING;PRESSES FOR WORKING METAL ORMETAL CARBIDES, NOT SPECIFIED ABOVE -
846291 MACHINE-TOOLS (INCLUDINGPRESSES) FOR WORKING METAL BYFORGING, HAMMERING OR DIE-STAMPING; MACHINE-TOOLS(INCLUDING PRESSES) FOR WORKINGMETAL BY BENDING, FOLDINGSTRAIGHTENING, FLATTENING,SHEARING, PUNCHING OR NOTCHING;PRESSES FOR WORKING METAL ORMETAL CARBIDES, NOT SPECIFIED ABOVE -
846299 MACHINE-TOOLS (INCLUDINGPRESSES) FOR WORKING METAL BYFORGING, HAMMERING OR DIE-STAMPING; MACHINE-TOOLS(INCLUDING PRESSES) FOR WORKINGMETAL BY BENDING, FOLDINGSTRAIGHTENING, FLATTENING,SHEARING, PUNCHING OR NOTCHING;PRESSES FOR WORKING METAL ORMETAL CARBIDES, NOT SPECIFIED ABOVE -
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