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<h1>Fee Required for Forward Contract Applications Under Rule 3 and 3A; Non-Refundable, Specific Payment Methods.</h1> Under the Forward Contracts (Regulation) Rules, 1954, a fee is required for applications under Rule 3 and Rule 3A, amounting to 2,500 rupees and 50 rupees, respectively. The fee must be deposited at a Government Treasury, State Bank of India, or Reserve Bank of India in specified cities, or sent via a crossed Indian Postal Order to the Forward Markets Commission in Mumbai. The deposited fee is credited to a specific government receipt head and is non-refundable. Amendments to these provisions occurred in 1961, 1970, and 1993.