Export Made Through EOUs

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....xport Made Through EOUs <br>News and Press Release<br>Dated:- 30-4-2015<br><BR>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 ....

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.... 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....

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.....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 ....

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....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<BR> News - Press release - PIB....