Chit Fund Fees
Chit Fund Fees
APPENDIX – II
Levy of fees under Sections 62 and 63 of the Chit Funds Act, 1982
(Central Act. No. 40 of 1982)
(See Rule 42 of the Andhra Pradesh Chit Funds Rules, 2008)
TABLE OF FEES
1. For the application for previous sanction Upto Rs. 50,000/- (Chit Value)
to commence or conduct a chit under Rs. 10/- per ticket, subject
sub-section(2) of Section 4
to maximum of Rs. 400/-Rs.
50,0001 to Rs. 2,00,000 Rs.
20/- per ticket, subject to a
maximum of Rs. 1,000/-Rs.
2,00,001 to Rs. 5,00,000/-Rs.
30/- per ticket subject to a maximum
of Rs. 1,500/-Above Rs.
5,00,000/- Rs. 35/- per ticket subject
to a maximum of Rs. 2,000/-Rs. 10/-
per ticket
2. (a) For filing the chit agreement
with the Registrar and Registration
of chit under Section 7.
Rs. 10/- per ticket Rs.
(b) For every application for
registration of alteration, addition
to or cancellation of chit agreement
under Section 15 and Rule 14. 10/-Rs. 10/-Rs. 2/-
3. For filing the declaration with the
Registrar and the grant of a certificate of
commencement under sub-section (1) of
Section 9.
4. For filing the
certificate under sub-
section (2) of
Section 10.
5. For filing a copy of
minutes of the proceedings under
Section 18.
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7.
For filing the audited balance sheet Rs. 100/- for Proprietary concerns
under Section 24
Rs. 200/- for Partnership Firms Rs.
12. Fee for petition for decision of Rs. 20/- for every thousand or
dispute
part thereof of the amount of
claim in dispute.
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