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Export duty
sir, could you tell me the rate of duty for export a material falling under chapter 87
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Exports are zero rated
Export of products, falling under HS Code 87, mainly "Tractors" of different types are allowed to be exported freely and do not attract any Export duty (Zero rated).
However, in case of import of similar products into India, applicable Basic Imoport duty would be 10% with 28% IGST. Considering Education Tax and Cess, the aggregate total import duty would be 41.365%.
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