GST NO. 07AAACE1747M1ZJ

CIN U20299DL1986 NPL023253

EXPORT PROMOTION COUNCIL FOR HANDICRAFTS 

EPCH HOUSE, POCKET 6 & 7, SECTOR 'C', LOCAL SHOPPING CENTRE, VASANT KUNJ, NEW DELHI-110070 

Tel: 91-11-26135256

Email:  policy@epch.com

Fax: 91-11-26135518,26135519

web: www.epch.in

EPCH-3/1(7)-POLICY/2020-21  

02nd September, 2020

 

To

 

All Members

  

Subject : - Ceiling/cap on MEIS benefits available to exporters on exports made from 01.09.2020 to 31.12.2020-reg

 

Dear Member(s)

 

Director General of Foreign Trade (DGFT) has issued a Notification 30/2015-2020 dated 1st September 2020 regarding Ceiling/cap on MEIS benefits available to exporters on exports made from 01.09.2020 to 31.12.2020 and discontinuation of the MEIS scheme after 31st December 2020. The extract of the notification is as under:-

 

“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 holder does not exceed the ceiling of Rs.2 Cr. Further, it has also been notified that any IEC holder who has not made any exports for a period of one year preceding 01.09.2020 or any new IECs obtained on or after the date of publication of this Notification would not be eligible for submitting any claim under MEIS. In addition, it has been notified that MEIS Scheme is withdrawn with effect from 01.01.2021.”

 

A copy of Notification No. 30/2015-2020 dated 1st September 2020 is attached herewith for your ready reference.

 

Thanks and Regards

 

 

 

(R. K. VERMA) 

EXECUTIVE DIRECTOR  

Encl : As above

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