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.
| HS Codes | Duty Drawback | Unit | Drawback Rate | Drawback cap per unit in Rs. |
| 27101211 | Duty Drawback | - | - | - |
| 27101212 | Duty Drawback | - | - | - |
| 27101213 | Duty Drawback | - | - | - |
| 27101219 | Duty Drawback | - | - | - |
| 27101220 | Duty Drawback | - | - | - |
| 27101290 | Duty Drawback | - | - | - |
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 |
| 27101211 | Light oils and preparations:Motor Spirit:Special boiling point spirits (other than benzene, toluol) with nominal boiling point range 55-115 0 C | - |
| 27101212 | Light oils and preparations:Motor Spirit:Special boiling point spirits (other than benzene, benzol, toluene and toluol) with nominal boiling point range 63-70 0 C | - |
| 27101213 | Light oils and preparations:Motor Spirit:Other special boiling point spirits (other than benzene, benzol, toluene and toluol) | - |
| 27101219 | Light oils and preparations:Motor Spirit:Other | - |
| 27101220 | Light oils and preparations:Motor Spirit:Natural gasoline liquid (NGL) | - |
| 27101290 | Light oils and preparations:Motor Spirit:Other | - |
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