Highly fragrant natural herb, is used in pooja/rituals.
To attract the goddess Maha Laxmi put the black turmeric, Mesua Ferrea or nag kesar in the silver box and apply the red Kamiya sindoor on it then put the box in your locker for increasing your wealth. After putting the box in the locker chant the Swaha mantra. Chant this mantra continuously while doing the ritual.
It is also used in Shiv pooja. It is also used as an offering in yagna/havan. It makes the yagna/havan more powerful and attract auspiciousness.