Extension of Last Date of Payment of Membership Fees to 15th March, 2018 - ICAI
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For attention of Members
The Council at its 371st meeting held from 18th to 20th December, 2017 and adjourned to/continued on 18th and 19th January, 2018 noted the difficulties faced by the members in payment of membership fee and certificate of practice fee for the year 2017-18 due to inter-alia revision in membership fee, levy of GST and technical glitches relating to online payment portal and decided that, as one time exception for the year 2017-18, the last date for payment of Membership fee and Certificate of Practice fee for the year 2017-18 be extended upto 15th March, 2018 (instead of 30th September, 2017).
The effect of this decision will be that there will be no removal of membership for the current year 2017-18 provided members pay the fee along with 18% GST on or before 15th March 2018.
Members may also kindly note that they are required to pay only the fees and not any restoration fee and not to file any other statutory form(s) like Form 9 or Form 101, as the case may be.
All those members whose names have been removed for non-payment of membership fee for 2017-18 w.e.f. 1st October 2017 are now requested to utilise this opportunity and pay their fee for the current financial year till 15th March, 2018.
It is clarified that our earlier letter informing about removal of name from the Register of Members and cancellation of certificate of practice w.e.f. 1-10-2017 (wherever applicable) stands withdrawn.
Further, it has also been decided that the restoration fee which was paid by the members hitherto after 30th September 2017 for restoration of membership/COP, as the case may be will be treated as advance payment and will be credited to the member’s account for adjustment against future membership dues.
(V Sagar)
Secretary
ICAI
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