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
CAclubindia
