HS Code of 900590 (BINOCULARS, MONOCULARS, OTHEROPTICAL TELESCOPES ANDMOUNTINGS THEREFOR; OTHERASTRONOMICAL INSTRUMENTS ANDMOUNTINGS THEREFOR, BUT NOTINCLUDING INSTRUMENTS FOR RADIO-ASTRONOMY)

Description:

BINOCULARS, MONOCULARS, OTHEROPTICAL TELESCOPES ANDMOUNTINGS THEREFOR; OTHERASTRONOMICAL INSTRUMENTS ANDMOUNTINGS THEREFOR, BUT NOTINCLUDING INSTRUMENTS FOR RADIO-ASTRONOMY.

HS codes falls under this category.

Incentives of 900590 (BINOCULARS, MONOCULARS, OTHEROPTICAL TELESCOPES ANDMOUNTINGS THEREFOR; OTHERASTRONOMICAL INSTRUMENTS ANDMOUNTINGS THEREFOR, BUT NOTINCLUDING INSTRUMENTS FOR RADIO-ASTRONOMY)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
90059010 Duty Drawback - 1.5 -
90059020 Duty Drawback - 1.5 -
90059090 Duty Drawback - 1.5 -

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
90059010 Parts and accessories (including mountings):Of binocular or telescopic of heading 9005, other than mountings 0.5%%
90059020 Parts and accessories (including mountings):Mountings for astronomical instruments 0.5%%
90059090 Parts and accessories (including mountings):Other 0.5%%
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