No it is not possible, existing CA Foundation | CA CPT students are required to pay Rs. 500/- as conversion fee alongwith other prescribed fees applicable for converting to direct entry scheme of chartered accountancy course. The Conversion fee is collected to maintain and shift the data from CA Foundation | CA CPT to Intermediate (IPC) Course. If existing CA Foundation | CA CPT student applies as a fresh candidate under the direct entry scheme, such candidate’s registration may lead to delay in registration to the course and on identification of such instances, conversion fee will be recovered in due course from such candidate.