HS Code of 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)

Description:

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.

HS codes falls under this category.

Incentives of 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)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
27102000 Duty Drawback - - -

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
27102000 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 -
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