Membership >> Eligibility to become Member

Eligibility & Procedures to become Member of the Association:-

I) 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

II) 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 :-

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

Subscription for 2017-18

GST @ 18%

Total

 

Rupees

Rupees

Rupees

(As per the annual turnover of preceding financial year 2016-17)

 

 

 

Up to Rs.1 Crore

21020

3784

24804

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

42020

7564

49584

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

56030

10085

66115

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

70040

12607

82647

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

91050

16389

107439

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

105060

18911

123971

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

123270

22189

145459

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

140070

25213

165283

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

210110

37820

247930

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

330000

59400

389400

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

385000

69300

454300

More than Rs.1000 Crore

440000

79200

519200

Associate Members: Traders of Textile Machinery, Parts & Accessories

15000

2700

17700


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

To Download Application form please click here