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APPENDIX II ( 1 to 9 )

APPENDIX II

Levy of fees under section 62 and 63 of the Chit Funds Act, 1982
(Central Act 40 of 1982)
(See rule 42 of the T.N.Chit Funds Rules, 1984)
TABLE OF FEES
S.NO Description of Instrument
1 For the application for the previous sanction to Commence or conduct a chit under Sub-Section (2) of Section 4.

a) When the duration of the chit does not extend beyond a year Rs.20/- per ticket or instalment whichever
is higher subject to a minimum of Rs.500.00

b) When the duration of the chit extends beyond a year.

      i) When the chit amount does not exceed Rs.5,000/- Rs.30/- per ticket or instalment whichever
is higher subject to a minimum of Rs.500/-

      ii) When the chit amount exceeds Rs. 5,000/- but not exceed Rs. 10,000/- Rs.50/-per ticket or instalment whichever
is higher subject to a minimum of Rs.800/-

      iii) When the chit amount exceeds Rs.10,000/- but does not exceed
Rs. 20,000/-		 Rs.80/- per ticket or instalment whichever
is higher subject to a minimum of Rs.1200/-

      iv) When the chit amount exceeds Rs.20,000/- but does not exceed
Rs.30,000/-
 Rs.120/- per ticket or instalment whichever
is higher subject to a minimum of Rs.1600/-

      v) When the chit amount exceeds Rs.30,000/- but does not exceed
Rs.40,000/-		 Rs.160/- per ticket or instalment whichever
is higher subject to a minimum of Rs.2000/-

      vi) When the chit amount exceeds Rs.40,000/- but does not exceed
Rs.50,000/- 
 Rs.200/- per ticket or instalment whichever
is higher subject to a minimum of Rs.2500

      vii) When the chit amount exceeds Rs.50,000/- but does not exceed
Rs.1,00,000/-		 Rs.250/- per ticket or instalment whichever
is higher subject to a minimum of Rs.3000/-

      viii) When the Chit amount exceeds Rs.1,00,000/- but does not exceed Rs.2,00,000/- Rs.300/- per ticket or instalment whichever
is higher subject to minimum of Rs.3500/-

      ix) When the Chit amount exceeds Rs.2,00,000/- Rs.350/- per ticket or instalment whichever
is higher subject to minimum of Rs.4000/-
2 a) For filing the chit agreement with the Registrar and the Registration of chit under Section 7
 Rs.100/-

b) For every application for Registration of alteration, addition to or  cancellation of a chit agreement under section 15 and Rule14. Rs.400/-
3 For filing the declaration with the Registrar and the grant of a certificate of commencement under Sub-Section(1) of Section 9
 Rs.60/-
4 For filling the certificate under Sub- Section (2) of section10 Rs.50/-
5 For filing a copy of minutes of the proceedings under section 18. Rs.50/-
6 For the audit of balance sheet under section 24 by the Chit Auditor:-

(a) When the aggregate chit amount of chits covered by the balance sheet does not exceed Rs.10,000/-
 Rs.500/-

(b) When such amount exceeds Rs.10,000/- for every Rs.1000/- or part thereof in
excess of Rs.10,000/-		 Rs.100/-
7 For filing the audited balance sheet under section 24

(a) When the aggregate chit amount of chits covered by the balance sheet does
not exceed Rs.5,000/-		 Rs.200/-

(b) When such amount exceeds Rs.5,000/- but does not exceeds Rs.10,000/- Rs.500/-

(c) When such amount exceeds Rs.10,000/- but does not exceeds Rs. 20,000/- Rs.800/-

(d) When such amount exceeds Rs.20,000/- but does not exceed Rs.30,000/- Rs.1000/-

(e) When such amount exceeds Rs.30,000/- but does not exceed Rs.40,000/- Rs.1200/-

(f) When such amount exceeds Rs.40,000/- Rs.1500/-
8 For the audit of accounts under sub-section-(4) of the section 61 by the Chit Auditor:-

(a) When the chit amount does not exceed Rs.5,000/- Rs.200/-

(b) When the chit amount exceeds Rs.5,000/- but does not exceeds Rs.10,000/- Rs.400/-

(c) When the chit amount exceeds Rs.10,000/- but does not exceeds Rs.20,000/- Rs.800/-

(d) When the chit amount exceeds Rs.20,000/- but does not exceeds Rs.30,000/- Rs.1200/-

(e) When the chit amount exceeds Rs.30,000/- but does not exceeds Rs.40,000/- Rs.1600/-

(f) When the chit amount exceeds Rs.40,000/- but does not
exceeds Rs.50,000/-		 Rs.2000/-
9 If the balance sheet or accounts are audited under section 24 of Rs. 100 plus any amount equal to the sub-section (4) of section 61 at the premises of the foreman or outside the office of the Registrar for each such audit, in addition to fee payable under Articles 6 and 8

Travelling Allowance and Daily Allowance admissible to the Chit Auditor under the Tamil Nadu Travelling Allowance Rules
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