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of <h1>Customs Office Clarifies Classification for Submersible Pump Parts to Avail Drawback Benefits; Includes Tariff Items 8487, 8548, 8708.</h1> The notice from the Customs Office in Kandla addresses the classification of parts for submersible pumps to avail drawback benefits. It specifies that identifiable machined parts made predominantly of iron, steel, or aluminum, and produced through casting or forging, should be classified under tariff items 8487, 8548, or 8708, despite their classification at the four-digit level in Chapters 84, 85, or 87. Parts of pumps, not specifically covered under any six-digit tariff, should be classified under tariff item 848701 with a drawback rate of 2.1%. Trade associations and related entities are urged to disseminate this information.
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