ANNOUNCEMENT OF ALL INDUSTRY RATES OF DUTY DRAWBACK,
new All Industry Rate of Duty Drawback for 2020 for various export
products including handicrafts have been announced by the Department
of Revenue vide its Customs NOTIFICATION No.07/2020-CUSTOMS
(N.T.), MADE EFFECTIVE FROM 4th FEBRUARY 2020 AS
per the Department of Revenue, the drawback Committee has kept
the new drawback rates same for most of the handicraft items,
except glass artware where the rates have been enhanced ranging from
2.2% to 4.8%, with a new entry for glass artware with LED
created. For products like lace, there has been a marginal
increase and there has been an increase in value cap in case of
brass artware/copper artware/EPNS ware.
DBK code-wise list of handicrafts items with the drawback rates is
available at https://www.epch.in/policies/DBK_Circular.pdf ).