TMI BlogMr Nilesh ParekhX X X X Extracts X X X X X X X X Extracts X X X X ..... Sir I would like to know that whether MEIS can be claimed under HS code 56079090 if ropes and twines are made up of polyethylene or polypropylene. Please guide as to whether MEIS can be claimed or not - Reply By YAGAY AND SUN - The Reply = Dear Nilesh, Please find our appended reply to your query. Also check the chapter 3 of FTP and HBP Vol.1 2015-2020 and Notifications issued in this rega ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rd.. Ropes made out of Polyethen or polypropylene will fall under chapter 39. Please choose the right classification in this regard. Just for the purpose of claiming MEIS do not classify the goods under wrong tariff. However MEIS rate under HS Code 56079090 is mentioned below just for your kind information. but check the correct classification and chapter note of chapter 39 and 56 in this regar ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d as claiming wrong MEIS is an offense. Regards, YAGAY and SUN (Management, Business and Indirect Tax Consultants) ITC(HS) Code : 56079090 ___________________________________________________________________________________________________ ITC(HS) Code Item Description MEIS- Reward Rate (in%) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Country Group [Click below A ,B , C] [A] [B] [C] 56079090 Other Twine,Cordage,Rope And Cables 5 5 5 ___________________________________________________________________________________________________ * The ITC (HS) codes for which a * is marked will get MEIS rewards ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... @2% for exports to Japan. For other countries in the Group B, the rewards will not be available # The ITC (HS) codes for which a # is marked will get MEIS rewards @2% for exports to Bangladesh and Sri Lanka. For other countries in the Group C, the rewards will not be available - Reply By NILESH PAREKH - The Reply = SIR THANK YOU FOR YOUR PROMPT REPLY MY ONE OF THE ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... CLIENT WAS USING HSN CODE 56074900 FOR PE/PP ROPES SINCE LAST 15 YEARS. IS IT NOT A CORRECT CODE? AS THERE IT IS SPECIFICALLY MENTIONED TWINES, CORDAGE, ROPES CABLES MADE UP OF POLYETHYLENE OR POLYPROPYLENE NOW THEY WERE UNDER A CONFUSION FOR THIS CODE AS HERE THE WORDS USE ARE POLYETHYLENE OR POLYPROYLENE AND THEY USE MATERIAL IN COMBINATION OF BOTH, SO THEY ARE PLANNING TO GO FOR 560 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 79090 WHICH IS UNDER OTHER CATEGORY OF 5607 - TWINE, CORDAGE, ROPES AND CABLES, WHETHER OR NOT PLAITED OR BRAIDED AND WHETHER OR NOT IMPREGNATED, COATED, COVERED OR SHEATHED WITH RUBBER OR PLASTICS WHETHER THIS INTERPRETATION IS CORRECT? THEY DO NOT INTEND TO CLAIM MEIS BUT THEY ARE IN CONFUSION FOR ABOVE SAID INTERPRETATION OF WORD OR IN 56074900 - Reply By Dharmendra Desai - The Repl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y = Please do not use 56079090 for Rope made from Polypropylene or polyethylene,, because in future custom will arise query and you have to pay penalty. its is my self experience. use only 56074900 for Rope. - Mr Nilesh Parekh - Query Started By: - NILESH PAREKH Dated:- 15-1-2016 Customs - Import - Export - Customs - SEZ - Got 3 Replies - Customs - Discussion Forum - Knowledge Sharing, re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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