HS Code of 340590 (POLISHES AND CREAMS, FORFOOTWEAR, FURNITURE,FLOORS,COACHWORK, GLASS OR METAL,SCOURING PASTES AND POWDERS ANDSIMILAR PREPARATIONS (WHETHEROR NOT IN THE FORM OF PAPER,WADDING, FELT, NONWOVENS,CELLULAR PLASTICS OR CELLULARRUBBER, IMPREGNATED, COATED ORCOVERED WITH SUCHPREPARATIONS), EXCLUDING WAXES OF HEADING 3404)

Description:

POLISHES AND CREAMS, FORFOOTWEAR, FURNITURE,FLOORS,COACHWORK, GLASS OR METAL,SCOURING PASTES AND POWDERS ANDSIMILAR PREPARATIONS (WHETHEROR NOT IN THE FORM OF PAPER,WADDING, FELT, NONWOVENS,CELLULAR PLASTICS OR CELLULARRUBBER, IMPREGNATED, COATED ORCOVERED WITH SUCHPREPARATIONS), EXCLUDING WAXES OF HEADING 3404.

HS codes falls under this category.

Incentives of 340590 (POLISHES AND CREAMS, FORFOOTWEAR, FURNITURE,FLOORS,COACHWORK, GLASS OR METAL,SCOURING PASTES AND POWDERS ANDSIMILAR PREPARATIONS (WHETHEROR NOT IN THE FORM OF PAPER,WADDING, FELT, NONWOVENS,CELLULAR PLASTICS OR CELLULARRUBBER, IMPREGNATED, COATED ORCOVERED WITH SUCHPREPARATIONS), EXCLUDING WAXES OF HEADING 3404)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
34059010 Duty Drawback - 1.5 -
34059090 Duty Drawback - 1.5 -

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
34059010 Other:Polishes and compositions for application to metal including diamond polishing powder or paste 0.9%%
34059090 Other 0.9%%
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