HS Code of 851430 (INDUSTRIAL OR LABORATORYELECTRIC FURNACES AND OVENS(INCLUDING THOSE FUNCTIONING BYINDUCTION OR DIELECTRIC LOSS);OTHER INDUSTRIAL OR LABORATORYEQUIPMENT FOR THE HEATTREATMENT OF MATERIALS BY INDUCTION OR DIELECTRIC LOSS)

Description:

INDUSTRIAL OR LABORATORYELECTRIC FURNACES AND OVENS(INCLUDING THOSE FUNCTIONING BYINDUCTION OR DIELECTRIC LOSS);OTHER INDUSTRIAL OR LABORATORYEQUIPMENT FOR THE HEATTREATMENT OF MATERIALS BY INDUCTION OR DIELECTRIC LOSS.

HS codes falls under this category.

Incentives of 851430 (INDUSTRIAL OR LABORATORYELECTRIC FURNACES AND OVENS(INCLUDING THOSE FUNCTIONING BYINDUCTION OR DIELECTRIC LOSS);OTHER INDUSTRIAL OR LABORATORYEQUIPMENT FOR THE HEATTREATMENT OF MATERIALS BY INDUCTION OR DIELECTRIC LOSS)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
85143010 Duty Drawback - 2 -
85143090 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
85143010 Other electric furnaces and ovens:For melting 2%
85143090 Other electric furnaces and ovens:Other 3%
Standard Input Output Norms of 851430 (INDUSTRIAL OR LABORATORYELECTRIC FURNACES AND OVENS(INCLUDING THOSE FUNCTIONING BYINDUCTION OR DIELECTRIC LOSS);OTHER INDUSTRIAL OR LABORATORYEQUIPMENT FOR THE HEATTREATMENT OF MATERIALS BY INDUCTION OR DIELECTRIC LOSS)

Product Details

Export Item Quantity Import Item Qty Allowed.
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TOP BUYING COUNTRIES of 851430 (INDUSTRIAL OR LABORATORYELECTRIC FURNACES AND OVENS(INCLUDING THOSE FUNCTIONING BYINDUCTION OR DIELECTRIC LOSS);OTHER INDUSTRIAL OR LABORATORYEQUIPMENT FOR THE HEATTREATMENT OF MATERIALS BY INDUCTION OR DIELECTRIC LOSS)
S.No Country Name Shipment Value (Currency) Total Buyers
1VIETNAM255,728,850 USD501
2INDIA187,943,228 USD1,703
3MEXICO62,452,737 USD303
4CHILE35,082,303 USD149
5ARGENTINA31,680,150 USD90
6ECUADOR29,624,921 USD271
7PHILIPPINES17,209,493 USD187
8PAKISTAN11,652,937 USD141
9IRAN10,224,520 USD15
10BOLIVIA10,192,553 USD92

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