HS-Code Description
HS Code of 3403 (LUBRICATING PREPARATIONS (INCLUDING CUTTING-OILPREPARATIONS, BOLT OR NUTRELEASE PREPARATIONS, ANTI-RUSTOR ANTI-CORROSION PREPARATIONSAND MOULD RELEASE PREPARATIONS,BASED ON LUBRICANTS) ANDPREPARATIONS OF A KIND USED FOR THE OIL OR GREASE TREATMENT OFTEXTILE MATERIALS, LEATHER,FURSKINS OR OTHER MATERIALS, BUTEXCLUDING PREPARATIONSCONTAINING, AS BASICCONSTITUENTS, 70 % OR MORE BYWEIGHT OF PETROLEUM OILS OR OFOILS OBTAINED FROM BITUMINOUS MINERALS)

Description:

LUBRICATING PREPARATIONS (INCLUDING CUTTING-OILPREPARATIONS, BOLT OR NUTRELEASE PREPARATIONS, ANTI-RUSTOR ANTI-CORROSION PREPARATIONSAND MOULD RELEASE PREPARATIONS,BASED ON LUBRICANTS) ANDPREPARATIONS OF A KIND USED FOR THE OIL OR GREASE TREATMENT OFTEXTILE MATERIALS, LEATHER,FURSKINS OR OTHER MATERIALS, BUTEXCLUDING PREPARATIONSCONTAINING, AS BASICCONSTITUENTS, 70 % OR MORE BYWEIGHT OF PETROLEUM OILS OR OFOILS OBTAINED FROM BITUMINOUS MINERALS.

HS codes falls under this category.

Incentives of 3403 (LUBRICATING PREPARATIONS (INCLUDING CUTTING-OILPREPARATIONS, BOLT OR NUTRELEASE PREPARATIONS, ANTI-RUSTOR ANTI-CORROSION PREPARATIONSAND MOULD RELEASE PREPARATIONS,BASED ON LUBRICANTS) ANDPREPARATIONS OF A KIND USED FOR THE OIL OR GREASE TREATMENT OFTEXTILE MATERIALS, LEATHER,FURSKINS OR OTHER MATERIALS, BUTEXCLUDING PREPARATIONSCONTAINING, AS BASICCONSTITUENTS, 70 % OR MORE BYWEIGHT OF PETROLEUM OILS OR OFOILS OBTAINED FROM BITUMINOUS MINERALS)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
340311 Duty Drawback 1.2
340319 Duty Drawback 1.2
340391 Duty Drawback 1.2
340399 Duty Drawback 1.2

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
340311 Containing petroleum oils or oils obtained from bituminous minerals:Preparations for the treatment of textile materials, leather, furskins or other materials -
340319 Other -
340391 Other:Preparations for the treatment of textile materials, leather, furskins or other materials -
340399 Other -
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