ELIGIBILITY CRITERIA FOR MEMBERSHIP
PLEASE CAREFULLY STUDY THE FOLLOWING ELIGIBILITY CRITERIA BEFORE APPLYING FOR MEMBERSHIP:
ORDINARY MEMBER
1. The Company/Firm, operating in India and owning a factory, should be a MANUFACTURER OF AUTO COMPONENTS/AUTO ACCESSORIES for ICE/xEV/New Technology Vehicles.
AND
2. The Company/Firm should HAVE COMPLETED COMMERCIAL PRODUCTION OF AUTO COMPONENTS/AUTO ACCESSORIES FOR A MINIMUM PERIOD OF 1 YEAR .
AND
3. The Company/Firm should satisfy ANY ONE of the following conditions:
a) Should be a direct supplier to one or more vehicle manufacturers in the country, including vehicle ordnance factories for vehicles produced by them (ie: Should be a Tier-1supplier) .
b) Should be a direct supplier of auto components to one or more Tier-1 suppliers in the country [as per Tier-1 defined above] (i.e.: Should be a Tier-2 supplier of components or sub-assemblies to Tier-1 suppliers).
c) Should have exported auto components/auto accessories, directly, to the extent of a minimum of 20 per cent of its total production each year, for the last 3 consecutive years.
MEMBERSHIP RATES FOR ORDINARY MEMBERS
i) ENTRANCE FEE: This is exclusive of the yearly Subscription Fee and is a one-time payment.
| Amount | + GST (@18%) | = Total Amount | |
|---|---|---|---|
| Large and Medium Units :
(Companies having investment in Plant & Machinery of over Rs. 50 crores) |
Rs. 5,000.00 | + 900.00 | = 5,900.00 |
| Small Scale Units :
(Companies having investment in Plant & Machinery of upto Rs. 10 crores) |
Rs. 2,500.00 | + 450.00 | = 2,950.00 |
| Companies having turnover upto Rs. 1 crore | Rs. 1,000.00 | + 180.00 | = 1,180.00 |
ii) ANNUAL SUBSCRIPTION FEE : The Annual Subscription Fees for all Ordinary Members (irrespective of category) will be in addition to the above one time Entrance Fees and is based on a Slab System on the Annual Gross Sales Turnover. The Subscription Slabs are as follows:-
| Gross Sales Turnover | Subscription Amount Per Annum | ||
|---|---|---|---|
| Above Rs. 1,000 Cr. | Rs. 2,00,000.00 | + 36,000.00 | = 2,36,000.00 |
| Between Rs. 750 Cr. - 1,000 Cr. | Rs. 1,75,000.00 | + 31,500.00 | = 2,06,500.00 |
| Between Rs. 500 Cr. - 750 Cr. | Rs. 1,50,000.00 | + 27,000.00 | = 1,77,000.00 |
| Between Rs. 250 Cr. - 500 Cr. | Rs. 1,25,000.00 | + 22,500.00 | = 1,47,500.00 |
| Between Rs. 100 Cr. - 250 Cr. | Rs. 95,000.00 | + 17,100.00 | = 1,12,100.00 |
| Between Rs. 50 Cr. - 100 Cr. | Rs. 70,000.00 | + 12,600.00 | = 82,600.00 |
| Between Rs. 30 Cr. - 50 Cr. | Rs. 50,000.00 | + 9,000.00 | = 59,000.00 |
| Between Rs. 20 Cr. - 30 Cr. | Rs. 40,000.00 | + 7,200.00 | = 47,200.0 |
| Between Rs. 10 Cr. - 20 Cr. | Rs. 35,000.00 | + 6,300.00 | = 41,300.00 |
| Between Rs. 05 Cr. - 10 Cr. | Rs. 27,500.00 | + 4,950.00 | = 32,450.00 |
| Upto Rs. 05 Cr. | Rs. 20,000.00 | + 3,600.00 | = 23,600.00 |
NOTE :
a) The Annual Subscription falls due on 1st April of each year.
b) The last date for paying Annual Subscription is 31st May of each year.
c) Procedure For Processing Of Membership Applications :-
Ordinary Member shall be proposed by one Ordinary Member and seconded by another Ordinary Member. The membership shall be approved in the Executive Committee Meeting.
