# 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 |