Ceiling/ cap on MEIS benefits available to exporters on exports made from 01.09.2020 to 31.12.2020

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....iling/ cap on MEIS benefits available to exporters on exports made from 01.09.2020 to 31.12.2020 S.O. 2980(E).-In exercise of the powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with Para 1.02 of the Foreign Trade Policy, 2015-20 and the enabling para 3.13 of the FTP, the Central Government hereby makes the following amendments in the Foreign Trade....

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.... period (01.09.2020 to 31.12.2020) does not exceed the allocation prescribed by the Government, which is Rs. 5,000 Cr. 3.04 B Benefits under MEIS shall not be available for exports made with effect from 01.01.2021." Effect of this Notification: A limit on total reward under MEIS has been imposed so that for exports made in the period 01.09.2020 to 31.12.2020 the total reward which can be ....