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Types of Membership

TYPE OF MEMBERSHIP

(a) Corporate Member

Only companies incorporated under the Companies Act, 1956, or a similar act in India earlier in the past or under the above act amended from time to time or replaced by any other similar act or any Limited Liability Partnership entities incorporated under the relevant law from time to time can become Corporate Member of GCCI. Corporate Member can nominate two representatives. Either one can vote in the election of the Chamber and can contest as a candidate in the elections.

(b) Regional Chamber Member

Regional Chamber Member means a member who is recognized by the Chamber as a Regional Chamber and who has registered itself as a Regional Chamber Member with GCCI. A Regional Chamber Member can contest and vote in the election. To qualify for being recognized as Regional Chamber, such a member should been in existence for at least last 10 years, should have at least 500 direct members and 25 Business Association Members or have a minimum number of 1500 direct members under its membership.

(c) Business Association (Mahajan) Member

Business Association Member (Mahajan Member) means a member who is recognized by the Chamber as a Business Association (Mahajan) and who has registered itself as a Business Association Member (Mahajan Member) with GCCI. A Business Association Member can contest and vote in the election. Such Business Association (Mahajan), if Government Registered, should have membership strength of not less than 25 members to be considered eligible for membership. Any unregistered Business Association (Mahajan) should have not less than 25 members and should have been at least 5 years in existence to be considered eligible to be a member of the chamber.

(d) Patron Member

To become a Patron Member of GCCI, a Businessman will have to pay prescribed onetime fee (decided from time to time by the Executive Committee of GCCI) and such Patron Member shall not be required to make any payment towards annual subscription and can contest and vote in the election, if he is registered with GCCI as Patron Member.

(e) Lifetime Member

To become a Life Member of GCCI, A businessman will have to pay prescribed onetime fee (decided from time to time by the Executive Committee of GCCI) Only an individual can become a Lifetime Member. A Lifetime member can contest and vote in the election.

(f) Ordinary Member

Any Businessman can become Ordinary Member of GCCI. He will be able to contest and vote in the elections of GCCI as per the rules of GCCI. Ordinary Member will have to pay entrance fees [one time] and annual subscription fees of the Chamber shall be as decided by the Executive Committee from time to time.

(g) Extraordinary Member

Past Presidents of the Chamber will be considered as extraordinary members of the Chamber, they will not be required to pay the annual fees and they will be entitled to all the rights available to an ordinary member of the Chamber. Extraordinary member shall not be entitled to vote or contest in the elections.

(h) Foreign Member

If any Businessman of Indian origin, who is a citizen of a foreign country and/or is residing in a foreign country for a period of more than 12 months from the date of his expressing an intention of becoming a member of GCCI. Foreign Member and he/she will have to pay the necessary entrance fees and annual subscription (decided from time to time by the Executive Committee of GCCI).

(i) Honorary Member

Persons who are well known for their Social and Educational Services, Experts in the fields of commerce, business and trade and reputed persons from other fields who are interested in the objects of the Chamber and its activities shall be admitted as Honorary Members on the recommendation of the Executive Committee.

(j) Business Woman Member

Business Woman Member means a member who is recognized by the Chamber as a Business woman and who has registered herself as Business Woman Member with GCCI.

(k) Non-Voting Member

Any businessman can become a Non-Voting Member. However co-operative societies or Business Associations cannot become Non-Voting Members. Non-Voting Members shall have no right to contest election or to vote or to remain present in the General Meetings.

DEFINITIONS

Business

Business means any activity involving trade or industry of any nature and/or providing services of any nature and includes services provided to trade, commerce or industry, with the aim of earning profit. Business shall not include individuals giving any service as a medical practitioner and/or simply being employed in a trade, commercial, industrial or service organization.

Businessman

Businessman means any Person, as defined hereinafter, involved in Business as defined above and representing in GCCI, such business, on behalf of a business establishment.

Table A:ENROLLMENT AND ANNUAL FEE DETAILS FOR MEMBERSHIP

Local Membership Regional Membership
Category

Enrollment Fee

Annual Fee

Service Tax Total Fee Rs.

Enrollment Fee

Annual Fee

Service Tax

Total Fee Rs.

Corporate Membership

1,50,000

22,500

1,72,500

1,50,000

22,500

1,72,500

Patron Membership

51,000

7,650

58,650

51,000

7,650

58,650

Life Membership

31,000

4,650

35,650

31,000

4,650

35,650

General Membership
Individual

3,000

1,200

630

4,830

3,000

1,000

600

4,600

Firm

3,000

1,200

630

4,830

3,000

1,000

600

4,600

Pvt.Ltd.

5,000

1,500

975

7,475

5,000

1,500

975

7,475

Pvt. Trust

3,000

1,200

630

4,830

3,000

1,200

630

4,830

Public Ltd.

8,000

3,000

1,650

12,650

8,000

3,000

1,650

12,650

Mahajan/ Association

5,000

1,500

975

7,475

5,000

1,500

975

7,475

Regional Chamber

8,000

3,000

1,650

12,650

8,000

3,000

1,650

12,650

Foreign

10,000

6,000

2,400

18,400

Corporate member shall be required to make onetime payment and annual subscription based on their turnover declared as consolidated total revenue in their last audited accounts, which are not older than 12 months from the date of application.

Table B : Annual turnover mentioned as below for Corporate Membership Renewal

CONSOLIDATED TOTAL REVENUE Annual SUBSRIPTION Service-Tax Total Amount
Not exceeding Rs.500 crores

10,000

1,500

11,500

Exceeding Rs.500 crores but not exceeding Rs.1000 crores

20,000

3,000

23,000

Exceeding Rs.1000 crores but not exceeding Rs.1500 crores

30,000

4,500

34,500

Exceeding Rs.1500 crores but not exceeding Rs.2000 crores

40,000

6,000

46,000

Exceeding Rs.2000 crores but not exceeding Rs.2500 crores

50,000

7,500

57,500

Exceeding Rs.2500 crores but not exceeding Rs.3000 crores

60,000

9,000

69,000

Exceeding Rs.3000 crores but not exceeding Rs.3500 crores

70,000

10,500

80,500

Exceeding Rs.3500 crores

80,000

12,000

92,000

Every Corporate Member shall be required to pay the annual subscription fees in advance i.e. between 01st November to 31st of March of the relevant previous year in the current year.

 
Ordinary Member

The Applicant has to attach the cheque for the applicable amount including service tax drawn in favour of Gujarat Chamber of Commerce & Industry.