(a) whether steel(Iron) wire has been exported from India;
(b) if so, the quantity of steel wire exported and foreign exchange earned therefrom;
(c) whether the Government provide export tax subsidy to the units exporting steel
wire; and
(d) if so, the details thereof ?
THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY(SHRI JAIRAM RAMESH)
(a) Yes, sir.
(b) During 2005-2006, 42976 tonnes of stainless steel wire have been exported, value
of which was Rs.48.30 crores.
(c)&(d) As a policy, taxes and duties on goods exported are exempted/ refunded to
exporters. The Government has withdrawn tax benefit u/s 80HHC earlier available to
the exporters. However, the exporters do not have to pay any taxes and duties on
their export sales.