HS Code of 850153 (ELECTRIC MOTORS AND GENERATORS (EXCLUDING GENERATING SETS))

Description:

ELECTRIC MOTORS AND GENERATORS (EXCLUDING GENERATING SETS).

HS codes falls under this category.

Incentives of 850153 (ELECTRIC MOTORS AND GENERATORS (EXCLUDING GENERATING SETS))
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
85015310 Duty Drawback - 2 -
85015320 Duty Drawback - 2 -
85015330 Duty Drawback - 2 -
85015390 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
85015310 Of an output exceeding 75 kW:Squirrel cage induction motor, 3 phase type 2%
85015320 Of an output exceeding 75 kW:Slipring motor 2%
85015330 Of an output exceeding 75 kW:Traction motor 2%
85015390 Of an output exceeding 75 kW:Other 2%
Standard Input Output Norms of 850153 (ELECTRIC MOTORS AND GENERATORS (EXCLUDING GENERATING SETS))

Product Details

Export Item Quantity Import Item Qty Allowed.
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TOP BUYING COUNTRIES of 850153 (ELECTRIC MOTORS AND GENERATORS (EXCLUDING GENERATING SETS))
S.No Country Name Shipment Value (Currency) Total Buyers
1INDIA292,871,419 USD1,857
2ARGENTINA269,237,774 USD183
3CHILE145,001,018 USD225
4PERU80,252,411 USD193
5MEXICO57,885,197 USD271
6VIETNAM38,145,655 USD268
7ECUADOR35,391,235 USD84
8COLOMBIA34,666,185 USD113
9BOLIVIA21,899,042 USD39
10RUSSIA20,315,721 USD9

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