https://www.taxtmi.com/news?id=11524 Allocation under the ASIDE Scheme is formula based on four years' exports and population, with bulk funds released to States/UTs and project vetting/approval delegated to the State Level Export Promotion Committee; a central component funds select Central agency projects. EOUs obtain fiscal incentives but must meet a five year positive Net Foreign Exchange obligation, failing which tax benefits are recoverable and penalties may be imposed. Statutory monitoring under trade, customs and excise laws permits withdrawal of duty exemptions, recoveries and enforcement for non compliance; annexures provide state wise disbursements, pending central projects, and EOU counts. en-us Mon, 12 Aug 2013 17:25:23 +0530 Mon, 12 Aug 2013 17:25:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=11524 Allocation under the ASIDE Scheme is formula based on four years' exports and population, with bulk funds released to States/UTs and project vetting/approval delegated to the State Level Export Promotion Committee; a central component funds select Central agency projects. EOUs obtain fiscal incentives but must meet a five year positive Net Foreign Exchange obligation, failing which tax benefits are recoverable and penalties may be imposed. Statutory monitoring under trade, customs and excise laws permits withdrawal of duty exemptions, recoveries and enforcement for non compliance; annexures provide state wise disbursements, pending central projects, and EOU counts. News - Mon, 12 Aug 2013 17:25:23 +0530 https://www.taxtmi.com/news?id=11524