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

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.... 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 Policy 2015-20 with immediat....

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....12.2020) does not exceed the allocation prescribed by the Government, which is ₹ 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 claimed by an IEC holde....