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Export Promotion

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..... Export Promotion - News and Press Release Dated:- 17-3-2021 - News - The Government of India has launched the Trade Infrastructure for Export Scheme (TIES) scheme w.e.f FY 2017 -18 to assist Central and State Government agencies for creation of appropriate infrastructure for growth of exports from the States. The Scheme provides financial assistance in the form of grant-in-aid to Central/State Government agencies for setting up or for up-gradation of export infrastructure as per the guidelines of the scheme. The scheme can be availed by the States through their implementing agencies, for infrastructure projects with significant export linkages like Border Haats, Land customs stations, quality testing and certification labs, cold chains, .....

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..... trade promotion centres, export warehousing and packaging, SEZs and ports/airports cargo terminuses. The Scheme guidelines are available at http://commerce.gov.in . Under the TIES scheme, financial assistance for a total of 44 export infrastructure projects has been approved during FY 2017-18, 2018-19, 2019-20 2020-21 (as on 12 th March, 2021). The state-wise details of funds released during each of the last three years and the current year under the Scheme of DoC are given at Annexure. Further, promotion of Districts as Export Hubs is being coordinated by the Directorate General of Foreign Trade (DGFT) in collaboration with Department of Promotion of Industry and Internal Trade (DPIIT). This initiative tries to target .....

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..... export promotion, manufacturing and employment generation by making the States and the Districts oriented towards export growth. Improving logistics constraints is an ongoing process. Logistics Division, Department of Commerce is coordinating with the state governments and line ministries to resolve logistics issues and streamline trade within and outside the State. The Government of India has introduced the Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme. This scheme seeks to remission of Central, State and Local duties/taxes/levies at different stages at the Central, State, and local level, which are incurred in the process of manufacture and distribution of exported products, but are currently not .....

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..... being refunded under any other duty remission scheme. Further, exports are zero rated through drawback of duties, GST refund as well as other export promotion schemes. The amount disbursed under Duty Drawback scheme during the last three years is given as below: Financial Year Amount (In Rs.Crore) 2017-18 24,223.83 2018-19 16,905.28 2019-20 17,902.71 (Source: CBIC) Exporters are eligible to claim refund of either (i) GST paid on export of goods or services or both; or (ii) unutilized input tax credit in respect of goods or services or both exported wit .....

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..... hout payment of GST. The amount of refund under GST provided to exporters on account of export of services with payment of IGST and export of goods and services without payment of IGST is as follows: Financial Year Amount (In Rs. Crore) 2018-19 8,063.36 2019-20 31,632.61 2020-21 (upto 11.03.2021) 44,118.48 (Source: CBIC) Amount of refund provided to exporters on account of export of goods with payment of IGST: Financial Year Amount (In Rs. Crore) 2018-19 55477 .....

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..... 2019-20 56686 2020-21 (As on 11.03.2021) 43493 (Source: CBIC) The operation of Duty Drawback Scheme and RoDTEP through electronic system ensures that the benefit is given directly to the exporters and is properly utilized. ANNEXURE Details of projects approved under TIES {FY 2017-18 to FY 2020-21 (till 12.03.2021)} Sl. No. Name of State/UT Year Number of New projects approved TIES fund released (In Rs. Cr.) 1. Karnataka 2017-18 .....

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..... 3 5.85 2018-19 0 2.85* 2019-20 0 2.65* 2020-21 0 0 Total 3 11.35 2 Kerala 2017-18 1 6.5 2018-19 0 6.5* 2019-20 1 10 2020-21 .....

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..... 0 0 Total 2 23 3 Manipur 2017-18 1 6 2018-19 1 5.63 2019-20 0 0 2020-21 0 5.63* Total 2 17.26 4 Andhra Pradesh 2017-18 2 8.15 .....

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..... 2018-19 0 26.0144* 2019-20 0 9.9856* 2020-21 2 13** Total 4 57.15 5 Tamil Nadu 2017-18 2 14.78 2018-19 4 15.65 2019-20 5 15.91* 2020-21 1 .....

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..... 14.4584* Total 12 60.7984 6 Madhya Pradesh 2017-18 2 25.71 2018-19 1 1.80** 2019-20 0 8.04* 2020-21 0 0 Total 3 35.55 7 Uttar Pradesh 2017-18 1 1.07 .....

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..... 2018-19 0 0 2019-20 0 0.48 2020-21 0 0 Total 1 1.55 8 Maharashtra 2017-18 1 1.52 2018-19 0 0 2019-20 0 1.52* 2020-21 1 6.37** .....

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..... Total 2 9.41 9 Tripura 2017-18 1 6.15 2018-19 0 0 2019-20 0 0 2020-21 2 2.58** Total 3 8.73 10 West Bengal 2017-18 1 4.27 2018-19 .....

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..... 0 2.56* 2019-20 0 0 2020-21 0 0 Total 1 6.83 11 Delhi 2017-18 0 0 2018-19 1 8 2019-20 0 0 2020-21 0 0 Total 1 .....

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..... 8 12 Rajasthan 2017-18 0 0 2018-19 2 3.0681 2019-20 0 0 2020-21 0 0 Total 2 3.0681 13 Chandigarh 2017-18 0 0 2018-19 1 2.81 .....

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..... 2019-20 0 0 2020-21 0 0 Total 1 2.81 14 Assam 2017-18 0 0 2018-19 0 0 2019-20 2 5.7725 2020-21 0 5.6875* Total 2 11.46 15 .....

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..... Punjab 2017-18 0 0 2018-19 0 0 2019-20 2 0 2020-21 0 5.77* Total 2 5.77 16 Jharkhand 2017-18 0 0 2018-19 0 0 2019-20 1 9.80 .....

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..... 2020-21 0 0 Total 1 9.80 17. Sikkim 2017-18 0 0 2018-19 0 0 2019-20 0 0 2020-21 1 8.87** Total 1 8.87 18. Haryana 2017-18 .....

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..... 0 0 2018-19 0 0 2019-20 1 0 2020-21 0 6.06* Total 1 6.06 Grand Total 44 287.4665 *Includes disbursement of subsequent installments for a previously sanctioned project/new project approved in previous financial year. **Funds yet to be disbur .....

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..... sed. This information was given by the Minister of State in the Ministry of Commerce and Industry, Shri Hardeep Singh Puri, in a written reply in the Lok Sabha today. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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