TMI BlogConcessions to ExportersX X X X Extracts X X X X X X X X Extracts X X X X ..... Concessions to Exporters X X X X Extracts X X X X X X X X Extracts X X X X ..... epartment of Commerce. A small proportion of the fund is earmarked for Central Government agencies undertaking export infrastructure projects in the States / UTs. A couple of proposals, complete in all respects with land documentation and duly vetted Detailed Projects Reports, are pending for consideration by the Department of Commerce subject to availability of funds (Annexure-II). The incentives provided under the EOU Scheme include duty free sourcing of inputs including capital goods, procurement of goods from DTA without payment of Central Excise Duty, reimbursement of Central Sales Tax, DTA sale (including advance DTA Sale) upto 50% of F.O.B. value of physical exports permitted on payment of concessional rate of duty. The income of EO ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Us was exempted from payment of Income Tax upto 31.3.2011. The State-wise break up of number of functional EOUs, as on 31.3.2011 are enclosed as Annexure-III. The Units are required to achieve positive Net Foreign Exchange (NFE) during a five years period and those Units who do not achieve the positive NFE have to pay/refund the tax benefits availed by them in addition to penal action which may be taken against them Government has taken steps to review the functioning of EOUs and ensuring that the export targets are achieved. These include joint monitoring of the performance of the EOUs by the Ministry of Commerce (represented by the Development Commissioner) and the Ministry of Finance (represented by the Commissioner, Central Excise, Cus ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... toms & Service Tax). There is statutory framework to monitor and prevent misuse of the EOU scheme through legal provisions made under the provisions of Foreign Trade (Development & Regulation) Act 1992, Customs Act 1962, Central Excise Act 1944 and Rules made thereunder. In the event of any EOU found violating any norm such as non/short fulfillment of export obligation, excess and inadmissible imports irregular and unauthorized DTA sales, excess reimbursement of CST, drawback on DTA sales, non-realization of export proceeds, irregular de-bonding, non receipt of re-warehousing certificates, etc. duty exemptions are withdrawn and necessary recoveries are made after following due process of law in addition to imposition of penalties etc. as pe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r provisions of Foreign Trade (Development & Regulation) Act, 1992, Customs Act 1962, Central Excise Act 1944 and Rules made there under. Annexure-I referred to in reply to Lok Sabha Provisional Starred Question No. 1002 for 12.08.2013 State Component (Rs. in crores) S.No. Name of the Stats/UT Released 2010-11 Released 2011-12 Released 2012-13 Released 2013-14 1 Andaman & Nocobar 0.00 0.00 0.00 0.00 2 Andhra Pradesh 31.21475 40.82 36.44 19.545 3 Bihar 0.00 0.00 3.915 0.00 4 Chandigarh 0.00 0.00 0.00 0.00 5 Chhattisgarh 5.22 6.66 5.84 0.00 6 Dadar & Nagar Haveli 0.00 0.00 0.00 0.00 7 Daman & Diu 2.42 0.00 0.00 0.00 8 Delhi 0.00 0.00 0.00 0.00 9 Goa 5.41 7.13 6.12 2.535 10 Gujar ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... at 59.57 55.28 64.00 32.00 11 Haryana 34.68 20.85 21.10 10.63 12 Himachal Pradesh 5.70 5.10 5.27 1.095 13 Jammu & Kashmir 5.51 0.00 0.00 0.00 14 Jharkhand 0 0.00 3.145 0.00 15 Karnataka 70.34475 52.39 45.77 19.28 16 Kerala 9.26 18.52 16.62 10.47 17 Lakshadweep 1.02 0.00 0.00 0.00 18 Madhya Pradesh 14.06 22.16 19.40 8.505 19 Maharashtra 81.22 68.00 64.00 32.00 20 Orissa 14.14 17.90 18.00 7.30 21 Pondichery 0.00 0.00 0.00 0.00 22 Punjab 12.73 16.26 14.28 7.10 23 Rajasthan 29.3907 24.42 21.58 10.70 24 Tamil Nadu 49.10 67.27 59.77 30.33 25 Uttar Pradesh 20.99 34.13 18.95 0.00 26 Uttranachal 5.51 6.02 2.54 0.00 27 West Bengal 29.89475 35.91 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 31.530 14.195 Total 487.38225 498.82 458.27 205.685 North East Region 1 Arunanchal Pradesh 1.38 0.00 0.00 0.00 2 Assam 13.83 27.66 29.41 24.42 3 Manipur 2.27 4.54 4.56 2.00 4 Meghalaya 9.17 9.44 11.61 2.75 5 Mizoram 3.56 3.50 4.30 0.00 6 Nagaland 2.20 3.63 3.63 1.815 7 Sikkim 2.20 2.69 2.70 0.70 8 Tripura 8.01 10.04 10.25 2.54 Total 42.62 61.50 66.46 34.225 Grand Total 530.00 560.32 524.73 239.91 Central Component S.No. Name of the Stats/UT Released 2010-11 Released 2011-12 Released 2012-13 Released 2013-14 1. Manipur 19.54 2. Meghalaya 0.79 4.50 4.56 3. Tripura 5.10 4. West Bengal 2.71 5. Gujarat 8.50 6. Himachal Pradesh 6.50 7. Madhya Pradesh ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1.50 2.50 8. Punjab 5.00 9. Sikkim 3.95 1.96 9.06 Annexure-II Central Component Sl.No. State Name of the Project Assistance sought under ASIDE Reasons for pendency 1. Tamil Nadu (Chennai Port Trust) (a) Construction of EXIM godown in CPT (b) Procurement of 15,25 and 30T capacity diesel fork lift trucks in CPT 14.50 14.35 To be considered by the Empowered Committee after Additional Secretary, DoC to visits Chennai Port and makes a report based on need of exporters and financial strengths of CPT. (Rs. in crores) Annexure-III The State-wise break up of number of functional EOUs, as on 31.3.2011 is as under:- States / UTs Units States / UTs Units Andhra Pradesh 258 Tamil Nadu 427 Chhattisgarh 1 Pondic ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... herry
26
West Bengal
63
A&N Island
4
Bihar
1
Maharashtra
395
Jharkhand
2
Goa, Daman & Diu
61
Orissa
20
Dadra & Nagar Haveli
23
Assam
-
Delhi
48
Tripura
-
Haryana
95
Mizoram
-
Uttar Pradesh
92
Manipur
-
Punjab
21
Meghalaya
1
Rajasthan
73
Nagaland
-
Himachal Pradesh
5
Arunachal Pradesh
-
Jammu & Kashmir
3
Sikkim
-
Chandigarh
3
Gujarat
266
Uttarakhand
3
Kerala
77
Madhya Pradesh
15
Karnataka
463
Total
2446
The information was given by the Minister of State in the Ministry of Commerce and Industry Dr. D. Purandeswari in Lok Sabha today. X X X X Extracts X X X X X X X X Extracts X X X X
|