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Home News News and Press Release Month 4 2015 2015 (4) This

Export Made Through EOUs

30-4-2015
  • Contents

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

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