GUM, WOOD OR SULPHATETURPENTINE AND OTHER TERPENICOILS PRODUCED BY THEDISTILLATION OR OTHER TREATMENTOF CONIFEROUS WOODS; CRUDEDIPENTENE; SULPHITE TURPENTINEAND OTHER CRUDE PARACYMENE;PINE OIL CONTAINING ALPHA-TERPINEOL AS THE MAIN CONSTITUENT.
HS codes falls under this category.
HS Codes | Duty Drawback | Unit | Drawback Rate | Drawback cap per unit in Rs. |
38051010 | Duty Drawback | - | 1.5 | - |
38051020 | Duty Drawback | - | 1.5 | - |
38051030 | Duty Drawback | - | 1.5 | - |
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 |
38051010 | Gum, wood or sulphate turpentine oils:Wood turpentine oil and spirit of turpentine | 0.8%% |
38051020 | Gum, wood or sulphate turpentine oils:Gum turpentine oil | 0.8%% |
38051030 | Gum, wood or sulphate turpentine oils:Sulphate turpentine oil | 0.8%% |