Revised ICAI Membership/ COP Fee (FY 2022-23): Last Date 30/09/2022

ICAI’s Annual Membership/ COP Fee applicable for Financial Year 2022-23, as per revised fee structure; payable by Members latest by 30/09/2022, plus GST:

S.N.Particulars of Membership/ COP fee payable by ICAI Members for FY 2022-23Amount including 18% GST (Rs.)
1Annual Membership Fee payable under Regulation 6(1)
i) as an Associate Member (Rs. 1500 + Rs. 270)1,770
ii) as a Fellow Member (Rs. 3000 + Rs. 540)3,540
2Annual Membership Fee + Certificate of Practice (COP) fee payable under Regulation 6(2)
i) as an Associate Member (Rs. 1500+ Rs. 3000 + Rs. 810)5,310
ii) as a Fellow Member (Rs. 3000 + Rs. 4000 + Rs. 1260)8,260
3Membership Fee for those who are not holding COP and are having age of 60 years and above as on 01/04/2022 (for FY 2022-23)
a) Associate Members (Rs. 1100 + Rs. 198)1,298
b) Fellow Members (Rs. 2300 + Rs. 414)2,714

Besides, other applicable fees for ICAI Members are as under:

S.N.Particulars of Other Fee payable by ICAI MembersAmount including 18% GST (Rs.)
1Entrance Fee payable under regulation 5
i) as an Associate (Rs. 2000 + Rs. 360)2,360
ii) as a Fellow (Rs. 2500 + Rs. 450)2,950
2Fee for restoration of name in the Register of Members payable under Regulation 6(3)
i) within 3 years of removal (Rs. 1200 + Rs. 216)1,416
ii) after 3 years of removal but before 5
years (Rs. 3000 + Rs. 540)
3,540
iii) after 5 years of removal (Rs. 4000 + Rs. 720)4,740

It may be noted that ICAI is promoting ‘I GO GREEN with ICAI’ scheme, under which Member can opt for e-journal and get a discount of Rs. 590 (including 18% GST) on total amount of Membership Fees.

ICAI's Revised Annual Membership/ COP Fee (with GST)

Also that revised fee scales for all Members in practice are the same, i.e. now there is no differentiation of fee based on age for members holding COP, like which was prevalent till 2016-17. However, for those who are not in practice, concessional membership fee is applicable, if he/ she has attained age of 60 years and above as on 1 April of respective Financial Year, i.e. as on 01/04/2022 for FY 2022-23.

ICAI Circular dt. 29/08/2022: Annual Fee Circular FY 2022-23

ICAI’s User Manual for Payment of Annual Membership/ COP Fee at SSP Portal

ICAI Notification dt. 09/02/2017: Revised ICAI Membership/ COP Fee payable w.e.f. 01/04/2017

Procedure for Payment of Annual Membership/ COP Fees of Partner by the Firm

ICAI has prescribed the procedure to be followed for Payment of Annual Membership/ COP Fees which is payable in respect of a Partner by the Firm, as under:

First, the Partner has to give consent for payment of fees by the Firm through his login on SSP. Click “Pay Now/ Give consent” > Select Yes (see screenshot) > Select Firm > select Journal Type > Check details > select “I agree” > Submit.

After that HI (Head Incharge) of the Firm will login to his account on SSP > will click “Firm Function” > will click “ICAI Bulk Renewal Form for HI” > will click on “Bulk Renewal Form” > will select FRN > select check box “Make payment for Partners” > Click “Proceed” > Details of the Partners who have provided their consent will appear > Proceed and make payment.

Advance Payment of Membership Fee for 10 years

ICAI provides an option to pay advance Membership/ COP fee for 10 years along with GST as a final payment and in case of any shortfall owing to revision of fee in future; their Name/ COP will not be removed from the register of members on account of such revision.

Further, Members may also note that in case the advance fees has been paid in the past, the balance fees/ difference of the fee becomes payable in the current financial year. In other words payment of balance fee/ difference in fee is a must for renewal of membership/ certificate of practice, as the case may be.

It may be noted that an ACA who has paid advance membership fee for a period not exceeding 10 years and at a later stage opt for FCA status then the member is required to pay difference fee (the difference of fee in conversion from ACA to FCA and Fellow Member Admission Fee) for the remaining period.

ICAI Announcement dt. 05/06/2020: Advance Payment of Membership Fee for 10 years

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  1. Prachi Bakre
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