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 - 1.5 -
340319 Duty Drawback - 1.5 -
340391 Duty Drawback - 1.5 -
340399 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
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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