Yes, there is a grace period for paying annual patent fees in India. Also, you can extend the time limit for the payment of annual fees by up to a maximum of six months. You can obtain this extension obtained on request, upon payment of a fee for each month of extension. You need to make the request with the IPO.
This will cost you more because of the additional fee that you will have to pay. But, it’ll give you time to arrange funds in case you have any form of economical problems. Hence, it is crucial to utilise this grace period for paying annual patent fees in India.
Also, do make sure that you check out this free e-book: A Quick Guide to Patents. Basically, it deals with basics of patent procedures.
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