Cap /Ceiling on MEIS Benefits:
- For exports for the period from 01.09.2020 to 31.12.2020 benefits restricted to Rs. 2 cr per IEC.
- Not eligible if no export during period 01.09.2019 to 31.08.2020 and new IEC holder registered after 01.09.2020.
- Not eligible wef 01.01.2021
