MCA Circular on Payment Fees -Electronically

SANTOSH SHAH (Company Secretary) (749 Points)

14 March 2011  
Hello All,
 
Ministry of Corporate Affairs has issued a Circular on
 
 
Payment of MCA Fees - Electronic Mode - Upto Rs.50000/-
 
Please find attached Circular for your reference.
 
 
Summary:-
 
 
1.  MCA views delay in transactions for which offline payments are made i.e, through Physical Challans.
 
2.  Payment Confirmation by Banks for Physical Challan takes 'T+3 Days'.
 
3. To Overcome Delay and improve service delivery time, MCA upgrades Electronic payment Limit.
 
4.  All Payments upto Rs.50000/- shall be made Electronically only w.e.f  27th March 2011.
 
5.  Payments above Rs.50000/- shall be optional i.e Either by Electronic mode or by Physical Challan.
 
6.  Payments above Rs.50000/- shall be accepted  Electronically only w.e.f  1st October 2011.
 
 
Regards
 
Santosh Shah