HS-Code Description
HS Code of 2710 (PETROLEUM OILS AND OILS OBTAINEDFROM BITUMINOUS MINERALS (OTHERTHAN CRUDE) AND PREPARATIONSNOT ELSEWHERE SPECIFIED ORINCLUDED, CONTAINING BY WEIGHT70% OR MORE OF PETROLEUM OILSOR OF OILS OBTAINED FROMBITUMINOUS MINERALS, THESE OILSBEING THE BASIC CONSTITUENTS OFTHE PREPARATIONS OTHER THANTHOSE CONTAINING BIODIESEL AND OTHER THAN W ASTE OILS)

Description:

PETROLEUM OILS AND OILS OBTAINEDFROM BITUMINOUS MINERALS (OTHERTHAN CRUDE) AND PREPARATIONSNOT ELSEWHERE SPECIFIED ORINCLUDED, CONTAINING BY WEIGHT70% OR MORE OF PETROLEUM OILSOR OF OILS OBTAINED FROMBITUMINOUS MINERALS, THESE OILSBEING THE BASIC CONSTITUENTS OFTHE PREPARATIONS OTHER THANTHOSE CONTAINING BIODIESEL AND OTHER THAN W ASTE OILS.

HS codes falls under this category.

Incentives of 2710 (PETROLEUM OILS AND OILS OBTAINEDFROM BITUMINOUS MINERALS (OTHERTHAN CRUDE) AND PREPARATIONSNOT ELSEWHERE SPECIFIED ORINCLUDED, CONTAINING BY WEIGHT70% OR MORE OF PETROLEUM OILSOR OF OILS OBTAINED FROMBITUMINOUS MINERALS, THESE OILSBEING THE BASIC CONSTITUENTS OFTHE PREPARATIONS OTHER THANTHOSE CONTAINING BIODIESEL AND OTHER THAN W ASTE OILS)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
271012 Duty Drawback
271019 Duty Drawback
271020 Duty Drawback
271091 Duty Drawback
271099 Duty Drawback Nil

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
271012 PETROLEUM OILS AND OILS OBTAINEDFROM BITUMINOUS MINERALS (OTHERTHAN CRUDE) AND PREPARATIONSNOT ELSEWHERE SPECIFIED ORINCLUDED, CONTAINING BY WEIGHT70% OR MORE OF PETROLEUM OILSOR OF OILS OBTAINED FROMBITUMINOUS MINERALS, THESE OILSBEING THE BASIC CONSTITUENTS OFTHE PREPARATIONS OTHER THANTHOSE CONTAINING BIODIESEL AND OTHER THAN W ASTE OILS -
271019 PETROLEUM OILS AND OILS OBTAINEDFROM BITUMINOUS MINERALS (OTHERTHAN CRUDE) AND PREPARATIONSNOT ELSEWHERE SPECIFIED ORINCLUDED, CONTAINING BY WEIGHT70% OR MORE OF PETROLEUM OILSOR OF OILS OBTAINED FROMBITUMINOUS MINERALS, THESE OILSBEING THE BASIC CONSTITUENTS OFTHE PREPARATIONS OTHER THANTHOSE CONTAINING BIODIESEL AND OTHER THAN W ASTE OILS -
271020 Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic c onstituents of the preparations, containing biodiesel, other than waste oils -
271091 Waste oil:Containing polychlorinated biphenyls (PCBs) polychlorinated terphenyls (PCTs) or polybrominated biphenyls (PBBs) -
271099 Other -
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