# 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**
1For 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 yearRs.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/-
2a) 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/-
3For filing the declaration with the Registrar and the grant of a certificate of commencement under Sub-Section(1) of Section 9 Rs.60/-
4For filling the certificate under Sub- Section (2) of section10Rs.50/-
5For filing a copy of minutes of the proceedings under section 18.Rs.50/-
6For 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/-
7For 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/-
8For 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/-
9If 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 8Travelling Allowance and Daily Allowance admissible to the Chit Auditor under the Tamil Nadu Travelling Allowance Rules