| HS Codes | Duty Drawback | Unit | Drawback Rate | Drawback cap per unit in Rs. |
| 340600 | 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 |
| 340600 | CANDLES, TAPERS AND THE LIKE | - |
| Export Item | Quantity | Import Item | Qty Allowed. |
| Scented Candles assorted sizes, shapes and colours | 1 kg | Paraffin Wax/ Microcrystallin Wax (Microystalline Wax if used should not be allowed more than 2.5% of the requirement of Wax) | 0.970 kg |
| Fragrances | 0.03 kg (Subject to 20% of FOB value of export) | ||
| Wicks/ Wicking | 0.002 kg | ||
| Colours/ Dyes | 0.005 kg | ||
| Ultraviolet Stabiliser (UV sorb.) | 0.006 kg | ||
| Vybar Chemicals (Vybar 103) | 0.011 kg | ||
| Handicraft Card Board & Glass Photo-frame (coated with embroidered/beaded fabric) | 1 Piece | Relevant fabric | 1.20 sq. mtr/sq. mtr content in the export product |
| Relevant Card board (other than ivory board and white board) of relevant thickness | 1.20 sq. mtr/sq. mtr content in the export product | ||
| Relevant Iron fittings/Glue/Beads/Rayon Thread/Zari Thread | Upto 5% of the FOB value of exports | ||
| Paraffin Wax Candles | 1 kg | Paraffin Wax (Candle Grade) | 1.02 kg |
| Perfumed Candles in Terracotta Pot/Glass container of different shapes and sizes | 100 Nos. | Wicks - Woven or knitted pre-waxed and fitted with metal sustainer at bottom of relevant sizes | 101 Nos. |
| S.No | Country Name | Shipment Value (Currency) | Total Buyers |
| 1 | UNITED STATES | 584,108,922 USD | 1,567 |
| 2 | CHINA | 445,627,097 USD | 77 |
| 3 | HONG KONG | 273,824,707 USD | 80 |
| 4 | CHILE | 138,526,487 USD | 499 |
| 5 | BOLIVIA | 115,678,111 USD | 274 |
| 6 | ARGENTINA | 88,282,838 USD | 183 |
| 7 | VIETNAM | 67,032,503 USD | 1,006 |
| 8 | RUSSIA | 51,065,335 USD | 774 |
| 9 | MEXICO | 50,545,523 USD | 1,595 |
| 10 | UNITED KINGDOM | 41,958,541 USD | 131 |
Copyright @2023 The Dollar Business. All rights reserved.
Ready to find out more? We're here to help.
Still confused? Learn more here
Ready to find out more? We're here to help.
