MCA revised additional fees for delay filings, now it will go upto 18 times w.e.f. July 01, 2022

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Background:

Earlier the MCA, vide Notification No. G.S.R. 268(E) dated March 31, 2014 had issued the Companies (Registration Offices and Fees) Rules. 2014, (“the Companies Rules, 2014”) in order to prescribe certain rules w.r.t. fees and forms for registration under the Companies Act, 2013 (“the Companies Act”).

Notification:

The MCA vide Notification dated January 11, 2022 has issued the Companies (Registration Offices and Fees) Amendment Rules, 2022 in order to amend the Companies Rules, 2014, w.e.f. July 1, 2022, in a following manner:

  • Additional fees on form will be increased to 18 times from existing 12 times of normal fees. Further, wherever higher additional fee is payable, additional fee shall not be charged.
  • Higher additional fees shall be payable, if there is a delay in filing e-form INC-22. or e-form PAS-3, on two or more occasions, within a period of 365 days from the date of filing of the last such belated e-form for which additional fee or higher additional fee was payable.
  • Additional fee and higher additional fee shall be applicable for delay in filing of forms other than for increase in Nominal share capital or forms under Section 92 or Section 137 of the Companies Act or forms for filing charges, in a following manner:

Sl. No.

Period of delays

Additional fee as a multiple of normal fees Higher additional fee as a multiple of normal fees (for certain cases)

01

upto 15 days (section 139 and section 157 of the Companies Act)

One time

02

More than 15 days and upto 30 days (Sections 139 and 157 of the Companies Act) and upto 30 days in remaining forms.

2 times of normal filing fees

3 times of normal filing fees

03

More than 30 days and upto 60 days

4 times of normal filing fees

6 times of normal filing fees

04

More than 60 days and upto 90 days

6 times of normal filing fees

9 times of normal filing fees

05

More than 90 days and upto 180 days 10 times of normal filing fees 15 times of normal filing fees

06

Beyond 180 days 12 times of normal filing fees

18 times of normal filing fees

The Notification can be accessed at: https://www.a2ztaxcorp.com/wp-content/uploads/2022/01/MCA-NOTIFICATION-11012022.pdf