PAYMENT SCHEDULE OF ANNUAL FEE:
i) Rs. 4500/- or Rs.2250/- + 12.36% Service Tax per annum if payment is
made before March 31.
ii) Rs. 4500/- or Rs.2250/- + 12.36% Service Tax and a late fee of Rs. 50/-
per month (or a part thereof ) if payment is made till June 30
iii) Rs.4500/- or Rs.2250/-+ 12.36% Service Tax and a late fee of Rs.
100/-per month (or a part thereof) till September 30.
iv) If the membership dues
are not paid by 30 September, the membership automatically goes into
termination as per the Bye Laws of the Institute. It can then be revived
only by paying a penalty of Rs. 10,000/- along with the dues.