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Eligibility & Procedures to become Member of the Association

Membership Eligibility Criteria

1) Member:- For Manufacturers of Textile Machinery, Parts & Accessories fulfilling any one of the following conditions

a) Minimum average turnover in textile machinery, parts & accessories during the preceding 3 years should be Rs.1.50 crores i.e. Rs.50 lacs per year

Or

b) The capital investment including working capital should be Rs.1crore and above

2) Associate Member:- For Traders of Textile Machinery, Parts & Accessories

Procedures to become a Member

The applicant should submitthe application form duly filled in,proposed and seconded by any two of the existing members of the Association together with Rs.1000/- (non refundable) as admission fee payable either by Cheque/Demand Draft in favour of “Textile Machinery Manufacturers Association (India)” at the office address: 53, Mittal Chambers, Nariman Point, Mumbai 400 021.or by Bank Transfer NEFT to Current Account No. 1123057643 Bank Name : Central Bank of India Branch: Nariman Point, Mumbai 400 021. IFSCode : CBIN0281067.

The application will be placed or circulated to the Executive Council members (Governing Body) of the Association for their approval and the applicant will be duly informed about the enrolment along with the subscription payable. After the receipt of subscription payment the applicant will be enrolled as amember of the Association from the respective financial year or subsequent quarters of the financial year.

The yearly subscription payable for the financial year are as per below

INTRA-STATE for Maharashtra

MEMBER : (Manufacturer of Textile Machinery, Parts & Accessories)

Subscription for 2017-18

GST @ 18%

Total

CGST @ 9%

SGST @ 9%

(As per the annual turnover of preceding financial year 2022-23)

Rupees

Rupees

Rupees

Rupees

Rupees

Up to Rs.1 Crore

21020

3784

24804

1892

1892

More than Rs.1 Crore and upto Rs.2.5 Crore

42020

7564

49584

3782

3782

More than Rs.2.5 Crore and upto Rs.5 Crore

56030

10085

66115

5043

5043

More than Rs.5 Crore and upto Rs.7.5 Crore

70040

12607

82647

6304

6304

More than Rs.7.5 Crore and upto Rs.10 Crore

91050

16389

107439

8195

8195

More than Rs.10 Crore and upto Rs.25 Crore

105060

18911

123971

9456

9456

More than Rs.25 Crore and upto Rs.50 Crore

123270

22189

145459

11095

11095

More than Rs.50 Crore and upto Rs.100 Crore

140070

25213

165283

12607

12607

More than Rs.100 Crore and upto Rs.250 Crore

210110

37820

247930

18910

18910

More than Rs. 250 Crore and upto Rs.500 Crore

330000

59400

389400

29700

29700

More than Rs.500 Crore and upto Rs.1000 Crore

385000

69300

454300

34650

34650

More than Rs.1000 Crore

440000

79200

519200

39600

39600

ASSOCIATE MEMBERS : (Traders of Textile Machinery, Parts & Accessories)

15000

2700

17700

1350

1350

Note:-Annual increase in the membership subscription will be as per the decision of the Executive Council .

To Apply now click here

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