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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