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        Customs, DGFT & SEZ

        Revenue Through SEZs

        May 9, 2015

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        On the basis of inputs/suggestions received from stakeholders on the policy and operational framework of the Special Economic Zone (SEZ) Scheme, Government periodically takes necessary measures so as to facilitate speedy and effective implementation of SEZ Scheme. The contribution of SEZ exports and country’s exports during the last four years (upto 31st December, 2014) is as under:

        Sl. No.

         

        Financial

        Year

        Exports

         

        *Total exports of the Country

        (Value in Rs.  Crore)

        Total SEZ Exports

         (Value in Rs. Crore)

        % share of SEZ exports in the total exports of the country

        1

        2011-12

        14,65,959

        3,64,478

        24.86

        2

        2012-13

        16,35,261

        4,76,159

        29.12

        3

         2013-14

        19,05,011

        4,94,077

        27.97

        4

        2014-15

        (1.4.2013 to 31.12. 2014)

        14,65,171

        3,48,584

         

        23.79

        *Source: DGCIS, Kolkata

         Major exports from SEZs constitute a wide spectrum of goods and services ranging from Engineering, Chemicals, Pharmaceuticals, Petro chemicals, Apparels and Garments, Gems and Jewellery, IT/ITES etc. 

        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 Lok Sabha.

        SEZ export contribution highlighted as government reiterates measures to facilitate SEZ scheme implementation and major export sectors. Government measures to facilitate implementation of the Special Economic Zone (SEZ) Scheme are influenced by stakeholder inputs and aim to speed and improve operational effectiveness. The disclosure reports that SEZs contribute a substantial share of national exports and identifies major SEZ export sectors including engineering, chemicals, pharmaceuticals, petrochemicals, apparel and garments, gems and jewellery, and IT/ITES, as presented in a parliamentary reply.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                SEZ export contribution highlighted as government reiterates measures to facilitate SEZ scheme implementation and major export sectors.

                                Government measures to facilitate implementation of the Special Economic Zone (SEZ) Scheme are influenced by stakeholder inputs and aim to speed and improve operational effectiveness. The disclosure reports that SEZs contribute a substantial share of national exports and identifies major SEZ export sectors including engineering, chemicals, pharmaceuticals, petrochemicals, apparel and garments, gems and jewellery, and IT/ITES, as presented in a parliamentary reply.





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                                Topics

                                ActsIncome Tax
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