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Membership

About Membership

Category of Member

1. Registered Company / Partnership Firm/ LLP/ Proprietorship: – means industry/ enterprise Involve in Manufacturing/Service Sector activities.

2. Banks / Financial Institution:- means registered with/ Licensed by RBI.

3.”Service Sector” means industry /enterprise defined as service sector industry in MSME Act 2006 and amendments from time to time. However in any case the service sector shall not include primarily Traders, C&F etc.

4.“Professional member” means a person engaged in profession i. e., Chartered Accountant, Cost Accountant, Company Secretary, Lawyer (Taxation and labour), Business Consultants, Legal Practitioners(Taxation),Chartered Engineers, Valuers, Architects, CFA etc.

5 “Special Category Members” mean a registered sick unit / enterprises.

6 “Associate Member” means an industry including Startups with capital outlay not exceeding Rs 25 (twenty five) lacks.

7 “Affiliated organization Member” means any Association, Chamber or similar other body with membership strength of above 30 (thirty) and having its objectives for the promotion of industry of any kind.

8. “Member Emeritus”  A member having 25 years of continuous membership of the Association but due to any reason either it is closed or disposed off or sold, the council, on request of the member concerned, may nominate the representative of such unit as Member Emeritus for a maximum period of two years.

Authorized Representative of Member unit will be as follows:-

  1. Up to three authorised representatives in case of Company, Partnership Firm, LLP (listed in order of seniority) and one in case of Proprietorship concerns, Individuals, Professional and Associate Member.
  1. The authorised representatives must be proprietor, partner, Director or Senior Executives of the member. All the members of the Association shall be required to complete specimen signature cards which shall be provided by the Association.

Subscription Tariff w.e.f. 01-10-2023

S. No.

Capital outlay (include all Investment made in gross block of Fixed Assets.)

Yearly subscription

Admission fee

GST 18%

Total

 

50 crores and above

20,000

50,000

12,600

82,600

 

10 crores to 50 crores

14,000

15,000

5,220

34,220

 

5 crores to 10 crores

12,500

10,000

4,050

26,550

 

2 crores to 5 crores

10,000

5,000

            2,700

17,700

 

50 lakhs to 2 crores

6,000

1,500

1,350

8,850

 

25 lakhs to 50 lakhs

2,400

1,000

612

4,012

 

Bank & financial institutions

20,000

10,000

5,400

35,400

 

Professional Member

3,000

5,000

1,440

9,440

 

Affiliated Organisation Member

2,500

1,000

630

4,130

 

Associates Member

1,000

1,000

360

2,360

 

Special Category Member (Sick Unit)

50% of Subscription applicable to the unit / enterprise during the period of sickness, the member will deposit Rs.1000/- (one thousand) as one-time admission fee with 18% GST.

Subscription Tariff For Service SECTOR w.e.f.01-10-2023

S. No.

Capital outlay (include all Investment made in gross block of Fixed Assets.)

Yearly subscription

Admission fee

GST 18%

Total

 

5 crores and above

12,500

10,000

4,050

26,550

 

2 crores to 5 crores

10,000

5,000

            2,700

17,700

 

10 lakhs to 2 crores

6,000

3,000

1,620

10,620

 

Below 10 lakhs

2,000

1,000

540

3,540