HS Code Guide · EPM Subvention
HS Code 110290 Meaning — Cereal flours, other than wheat/meslin/maize: Global Trade, India & Factoring Guide
HS 110290 covers cereal flours, other than wheat/meslin/maize. This guide explains what the code includes, its global trade, India's position, how GIFT City helps factor it, and whether MSME factoring qualifies for the 2.75% interest subvention.
What this HS code covers
HS 110290 sits in 11 — Milling industry products. Official tariff description: “Cereal flours; other than wheat, meslin, and maize (corn)” In plain terms, it covers cereal flours, other than wheat/meslin/maize. Classification decides duty and documents; this 6-digit line is in the DGFT positive list (Trade Notice 25/2025-26 Annex V), so MSME factoring under it qualifies for the 2.75% subvention — details below.
What is HS 110290?
HS 110290 covers cereal flours other than wheat/meslin (110100) and maize (110220) — e.g. rye, barley, oat, rice, millet flours.
Official description: Cereal flours; other than wheat, meslin, and maize (corn)
What HS 110290 does in trade
- Groups specialty grain flours where the grain determines tariff and end-use —distinct from wheat flour (110100).
- Is eligible — specialty cereal flours are in the positive list, so factoring qualifies for 2.75%.
- Enables factoring for MSME mills with 30–60 day terms to bakeries.
Global perspective — where HS 110290 moves
Global specialty flour trade is fragmented and mill-driven. Rye, barley and rice flours are regional. EU and India are notable producers.
| Top global exporters | Top global importers |
|---|---|
| European Union | United States |
| Turkey | United Kingdom |
| India | Saudi Arabia |
| United States | Japan |
| China | Netherlands |
India's stance on HS 110290
India mills millet, rice and barley flours — millet (jowar, bajra) clusters in Maharashtra, Rajasthan, Karnataka. APEDA. Millet flour exports grow with the International Year of Millets push.
Export docs to watch
Cereal flours need APEDA RCMC, FSSAI and phytosanitary. Flour type must match invoice.
GIFT City — factoring HS 110290 in foreign currency
Specialty flours often INR/USD to GCC — GIFT or India factor both eligible.
Trad can route eligible invoices via an IFSCA-regulated IBU or Finance Company/Finance Unit undertaking factoring in GIFT City. The 2.75% subvention is identical whether you factor via India (RBI-regulated) or GIFT City (IFSCA-regulated) — the choice is about currency, banking relationship and buyer location, not the benefit rate.
Common financing stack for this HS
Factoring advances 70–90% in 24–48 hours after invoice verification; balance minus discount/fees on buyer payment. Works alongside packing credit — factoring covers the post-shipment open-account gap.
MSME subvention — is HS 110290 eligible for 2.75%?
Yes — HS 110290 is in the positive list (Trade Notice 25/2025-26 Annex V). MSMEs involved in international value chains with a valid active IEC (not in DEL) and valid Udyam can claim 2.75% per annum on the factoring interest cost element when factoring via an RBI/IFSCA-regulated entity.
| Check | For HS 110290 |
|---|---|
| In positive list (HS-6) | Yes — 110290 listed in Annex V |
| Benefit | 2.75% p.a. on interest cost element |
| Annual cap | ₹50 lakh per MSME per FY |
| Valid from | Prospectively from 20 Feb 2026 |
| Need UIN per factor? | Yes — declaration of intent before factoring, valid till FY-end |
| Eligible factors | RBI-regulated (AD bank / factoring NBFC) or IFSCA-regulated (GIFT IBU/FC) |
| Not covered | Deemed exports (FTP Ch.7) & exports to SEZs |
Eight-digit HS? Use first 6 digits
Eligibility is at HS-6. If your 8-digit HS (e.g. 11029010) starts with 110290, it inherits this eligibility. Verify on the HS checker — enter 6 or 8 digits.
Check HS 110290 — free
Verify any 6 or 8-digit HS against the DGFT positive list and see the 2.75% factoring eligibility in seconds.
Open HS checkerFrequently asked questions
What is HS 110290 — Cereal flours, other than wheat/meslin/maize?
HS 110290 covers cereal flours other than wheat/meslin (110100) and maize (110220) — e.g. rye, barley, oat, rice, millet flours.
Is HS 110290 eligible for the 2.75% interest subvention?
Yes. HS 110290 is in the DGFT positive list (Trade Notice 25/2025-26 Annex V, 4139 HS-6 lines). MSMEs factoring exports under this line via RBI/IFSCA-regulated factors can claim 2.75% per annum on the interest cost element, capped at ₹50 lakh per MSME per year, prospectively from 20 Feb 2026. Requires valid IEC (not in DEL), valid Udyam, and a UIN per factor obtained before factoring.
Who can claim the 2.75% for HS 110290 and how?
MSMEs (as defined by Ministry of MSME) with active IEC and Udyam, factoring eligible exports of HS 110290 via RBI/IFSCA-regulated entities. File a declaration of intent on the DGFT portal to get a UIN per factor (valid till FY-end), factor the invoice, the factor files monthly IEC-wise claims; subvention is credited to your IEC-linked bank account.
Can HS 110290 be factored via GIFT City?
Yes. IBUs and Finance Companies/Finance Units undertaking factoring in GIFT City (IFSCA-regulated) are eligible financial institutions under IFSCA circular 19 Mar 2026 and must extend the 2.75% benefit. Useful for USD/EUR receivables where you want foreign-currency factoring.
What does factoring for HS 110290 cost after subvention?
Indicatively, factoring discount/interest is priced commercially (often 8–12% p.a. depending on buyer, tenor, currency) plus factoring fee ~0.5–3% ⚠️. The 2.75% offsets only the interest element — e.g. a 9% interest cost becomes ~6.25% effective on that element if eligible. Fees/insurance/FX remain. Compare all-in cost.
Related HS codes
Compare HS 110290 with other MSME-export lines in the same chapter or family.
See all codes on the HS code guides hub, or read the 2.75% subvention deep-dive.