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 3%
85112090 Ignition magnetos; Magnetos-dynamos; Magnetic flywheels:Other 2%
Standard Input Output Norms 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)

Product Details

Export Item Quantity Import Item Qty Allowed.
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TOP BUYING COUNTRIES 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)
S.No Country Name Shipment Value (Currency) Total Buyers
1ARGENTINA105,194,759 USD155
2INDIA39,200,561 USD380
3MEXICO18,382,562 USD91
4BOLIVIA14,215,429 USD98
5VIETNAM9,292,858 USD98
6BANGLADESH8,135,939 USD350
7UNITED STATES5,827,662 USD147
8SRI LANKA4,730,363 USD332
9EGYPT4,179,023 USD72
10SINGAPORE3,741,886 USD5

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