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The value of export made through the Export Oriented Units (EOUs) along with its share in total exports of the country during each of the last three years and the current year is as under:
(Value in Rupees Crores)
Year | EOU’s Exports | India’s Exports | EOU’s % share of India’s Exports |
2011-12 | 85201.02 | 1,465,959.39 | 5.8 |
2012-13 | 90180.67 | 1,634,318.28 | 5.5 |
2013-14 | 89642.09 | 1,905,011.08 | 4.7 |
*2014-15 (prov.) | 64321.30 | 1,444,720.12 | 4.45 |
The amount of incentives and tax concessions provided to these units during the said period is as under:
(Value in Rupees Crores)
S.No. | Year | CST/DBK/TED Reimbursement | Duty foregone |
1. | 2011-12 | 295.54 | 8996.80 |
2. | 2012-13 | 405.31 | 11528.45 |
3. | 2013-14 | 271.65 | 12834.39 |
4. | 2014-15 (prov.) | 305.60 | 7813.25 |
The incentives and tax concessions are as per the Foreign Trade Policy and are in the nature of export promotion measures. Wherever, an instance of misuse of such incentives and concessions is noted, prompt action is taken as per rules.
Details of Show Cause Notices issued and Penalty imposed for misuse of incentives and tax concessions and violations of provisions of FTP are as under:
S.No. | Year | No. of cases |
1. | 2011-12 | 43 |
2. | 2012-13 | 40 |
3. | 2013-14 | 59 |
4. | 2014-15 (prov.) | 49 |
This information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Rajya Sabha
Export incentive compliance monitored through reimbursements, duty-foregone reporting and show-cause notices enforcing Foreign Trade Policy obligations. The statement reports EOU export values and national share, quantifies reimbursements (CST/DBK/TED) and duties foregone as export promotion incentives under the Foreign Trade Policy, and notes that misuse of incentives triggers administrative action, evidenced by issued show-cause notices and penalties over the reported years.Press 'Enter' after typing page number.