HS Code of 851120 (ELECTRICAL IGNITION OR STARTINGEQUIPMENT OF A KIND USED FORSPARK-IGNITION OR COMPRESSION-IGNITION INTERNAL COMBUSTIONENGINES (FOR EXAMPLE, IGNITIONMAGNETOS, MAGNETO-DYNAMOS,IGNITION COILS, SPARKING PLUGSAND GLOW PLUGS, STARTER MOTORS); GENERAT ORS (FOR EXAMPLE, DYNAMOS, ALTERNATORS) AND CUT-OUTS OF A KIND USED IN CONJUNCTION WITH SUCH ENGINES)

Description:

ELECTRICAL IGNITION OR STARTINGEQUIPMENT OF A KIND USED FORSPARK-IGNITION OR COMPRESSION-IGNITION INTERNAL COMBUSTIONENGINES (FOR EXAMPLE, IGNITIONMAGNETOS, MAGNETO-DYNAMOS,IGNITION COILS, SPARKING PLUGSAND GLOW PLUGS, STARTER MOTORS); GENERAT ORS (FOR EXAMPLE, DYNAMOS, ALTERNATORS) AND CUT-OUTS OF A KIND USED IN CONJUNCTION WITH SUCH ENGINES.

HS codes falls under this category.

Incentives of 851120 (ELECTRICAL IGNITION OR STARTINGEQUIPMENT OF A KIND USED FORSPARK-IGNITION OR COMPRESSION-IGNITION INTERNAL COMBUSTIONENGINES (FOR EXAMPLE, IGNITIONMAGNETOS, MAGNETO-DYNAMOS,IGNITION COILS, SPARKING PLUGSAND GLOW PLUGS, STARTER MOTORS); GENERAT ORS (FOR EXAMPLE, DYNAMOS, ALTERNATORS) AND CUT-OUTS OF A KIND USED IN CONJUNCTION WITH SUCH ENGINES)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
85112010 Duty Drawback - 2 -
85112090 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
85112010 Ignition magnetos; Magnetos-dynamos; Magnetic flywheels:Electronic ignition magnetos 0.8%%
85112090 Ignition magnetos; Magnetos-dynamos; Magnetic flywheels:Other 0.8%%
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