Vide General Circular No: 4/2010, Dated the 22nd November, 2010 , MCA had changed the structure of Additional Fees to be levied for delay in filing E Forms over the companies while filing their Balance Sheet and Annual Returns with concerned Registrar of Companies through MCA Portal. Such change of Additional Fee Structure encouraged the Corporate to file their returns as early as possible so that they can avoid the heavy additional fees. That has resulted in increase the percentage of filing within the due time. The structure of Additional Fees which had been applicable from 5-12-2010 is elaborated with an example as follows:
| Companies having Authorised Capital Rs. 1 Lakh to Rs. 4, 99, 999 | Companies having Authorised Capital Rs. 5 lakh to Rs. 24, 99, 999 | Companies having Authorised Capital Rs. 25 Lakh or more | Let the AGM date be Sep. 30. So, Due date for E- Form 23 AC, ACA and Form 66 is Oct. 30 and For E Form 20 B is Nov. 29 | |
| If filed in month of October (Oct. 30)
E Form 66 E Form 23 AC,ACA E Form 20B
|
N.A. Rs. 200
Rs. 200
|
Rs. 300 Rs. 300
Rs. 300 |
Rs. 500 Rs. 500
Rs. 500 |
Normal Fees Normal Fees
Normal Fees |
| If filed in month of November (Nov. 29)
E Form 66 E Form 23 AC,ACA E Form 20B |
N.A. 200+400=600
200 |
300+600=900 300+600=900
300 |
500+1000=1500 500+1000=1500
500 |
Normal+ Double the Normal Fees
Normal Fees |
| If filed in month of December (Dec. 29)
E Form 66 E Form 23 AC,ACA E Form 20B |
N.A. 200+800=1000
200+400=600 |
300+1200=1500 300+1200=1500
300+600=900 |
500+2000=2500 500+2000=2500
500+1000=1500 |
Normal + Four times of Normal
Normal+ Double the Normal Fees |
| If filed in month of January (Jan. 28)
E Form 66 E Form 23 AC,ACA E Form 20B |
N.A. 200+1200=1400
200+800=1000
|
300+1800=2100 300+1800=2100
300+1200=1500 |
500+3000=3500 500+3000=3500
500+2000=2500 |
Normal+ Six times of Normal
Normal + Four times of Normal |
| If filed in month of February (Feb. 27)
E Form 66 E Form 23 AC,ACA E Form 20B |
N.A. 200+1600=1800
200+1200=1400
|
300+2400=2700 300+2400=2700
300+1800=2100 |
500+4000=4500 500+4000=4500
500+3000=3500 |
Normal+ Eight times of Normal
Normal+ Six times of Normal |
| If filed in month of March (Mar. 28)
E Form 66 E Form 23 AC,ACA E Form 20B |
N.A. 200+1800=2000
200+1600=1800
|
300+2700=3000 300+2700=3000
300+2400=2700 |
500+4500=5000 500+4500=5000
500+4000=4500 |
Normal+ Nine Times of Normal
Normal+ Eight times of Normal |
| If filed in month of April (Apr. 27)
E Form 66 E Form 23 AC,ACA E Form 20B |
N.A. 200+1800=2000
200+1800=2000
|
300+2700=3000 300+2700=3000
300+2700=3000 |
500+4500=5000 500+4500=5000
500+4500=5000 |
Normal+ Nine Times of Normal
Normal+ Nine Times of Normal |
Note: After the Month of April, The Additional Fees will remain the Nine times of the Normal Fees, no matter when ever the Filing is being Done.
Conclusion: The above Heavy structure of Additional Fees surely has pressurised the corporate to file their documents within the due time resulted in saving hard earned money of Corporates and percentage of increase in filing of Returns by the Corporates.
Hope the above Additional Fees Structure will help all the viewers in estimating the additional fees to be imposed while filing E Forms.
Author:-
CS Mohit Saluja
Jalandhar, Punjab
99145-58709
csmohitsaluja@gmail.com
Author Bio
what will be the additional fee if a company has to file its 23AC for the FY 2004-05 in year of 2016 ?
THE NORMAL FILING FEE FOR COMPANIES HAVING AN AUTHORISED CAPITAL ABOVE/= 500000,WILL BE 500/-
Thanks a lot for the useful information with example.
Regards
Lekhraj