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Proposed increase in verification fee/answersheet inspection

CA Himanshu Bansal (Risk Manager) (2345 Points)

12 September 2014

https://220.227.161.86/34732notification24475.pdf

Verification : Rs. 2500/paper

Inspection of Answersheets : Rs. 5000/paper

Supply of Answersheets : Rs. 8000/paper

They would have simply said, that they donot want to supply the answersheets/verify marks.

Anyhow, one thing to notice here is that they have they have drafted for amendment in maximum amount chargeable..And as per the discretion of Council, they can also keep a fee below the limits proposed.The exact fee shall be clear when the regulations are amended and Results of November 2014 are declared.

I am expecting that above rates will be applicable from Novmber 2014 results, which is very very high and out of reach from almost all students.

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2 Replies

(Guest)

RIGHTLY SAID........OUT OF REACH......INDIRECT PROHIBITION.....

Jithin (Learner) (1057 Points)
Replied 13 September 2014

Hi Himanshu and Sachin , it isnt necessary that ICAI charges at the maximum amount. Prior to this amendment, the maximum fee for verification was Rs.500 per paper but we know that the actual charge was only Rs.100 per paper. But since ICAI has made such an enormous hike in the upper limit, I guess it is also bound to raise the actual fee charged. Hopefully the hike wont be as unreasonable as in the case of upper limit. And I totally agree witt both of u that only a handful of students would opt for verification/inspection if the fee is fixed at the maximum limits.