Export incentive in BHEL

Type :

Indian project

Pages :

42 pages

Format :

.doc

Published date :

06/22/2009

Category :

Business & market

Sub category :

Business strategy

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Summary :

Introduction
Types of exports
Promotional measures
Duty scheme/remission scheme
Guidelines for filing brand rate applications
Export promotion capital goods scheme
Indegenios sourcing of capital goods and benefits to domestic supplier
Export oriented units (EOUs), units in export processing zones (EPZs)
Electronics hardware technology parks (EHTPs) and software technology parks (STPs)
Supplementary drawback claim
List of enclosures for TED claim
Company profile: BHEL
Conclusion
Bibliography

Abstract

Every country in the world is planning to achieve and increase its share in the world trade, particularly exports and is subsidizing its exports by some form of subsidy or the other. It may be Income Tax concession, sales/ purchase/ VAT refunds, bonus vouchers, dual rate of exchange, refund of freight etc.

The state governments shall be encouraged to fully participate in encouraging exports from their respective states. For this purpose, suitable provisions shall be made in the Annual Plan of the Department of Commerce for allocation of funds to the states on the twin criteria of gross exports and the rate of growth of exports from different states. The states shall utilize this amount for developing complementary and critical infrastructure such as roads connecting production centers with the ports, setting up of Inland container Depots and Container Freight Stations, creation of new state level export promotion industrial parks/zones, augmenting common facilities in the existing zones, equity participation in infrastructure projects and any other activities as may be notified by DGFT from time to time.

The small scale sector along with the cottage and handicraft sector has been contributing to more than half of the total exports of the country. The cottage and handicrafts sector which mostly employs artisan and rural people contributes significantly to this effort. With a view to promoting agricultural export from the country and remunerative returns to the farming community in a sustained manner, AEZ as announced earlier would be set up for end to end development for export of specific products from a geographically contiguous area.