Just a moment...
We've upgraded AI Search on TaxTMI with two powerful modes:
1. Basic
• Quick overview summary answering your query with references
• Category-wise results to explore all relevant documents on TaxTMI
2. Advanced
• Includes everything in Basic
• Detailed report covering:
- Overview Summary
- Governing Provisions [Acts, Notifications, Circulars]
- Relevant Case Laws
- Tariff / Classification / HSN
- Expert views from TaxTMI
- Practical Guidance with immediate steps and dispute strategy
• Also highlights how each document is relevant to your query, helping you quickly understand key insights without reading the full text.
Help Us Improve - by giving the rating with each AI Result:
Powered by Weblekha - Building Scalable Websites
Press 'Enter' to add multiple search terms. Rules for Better Search
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
Don't have an account? Register Here
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.