akarshan Started The Discussion:
Please find the notification for combined ESIC and EPF Challan effective 1st April 2010.
PLEASE NOTE THIS IS ONLY A FACILITY. THERE ARE NO CLEAR INSTRUCTIONS ON RECORD AS BOTH DEPARTMENTS HAVE DIFFERENT DUE DATES.
COMPANIES MAY CONTINUE TO DO THEIR COMPLIANCE IN REGULAR SEPERATE CHALLANS TILL CLEAR CUT INSTRUCTIONS ARE NOT AVAILABLE. PLEASE DO NOT USE THIS FORMAT TILL THE NOTIFICATION IS NOT ISSUED.
I expressed my views as under: -
I am at loss to understand the logic of paying ESI and PF contributions by one challan. I don't think both the departments are capable to manage the things, as they are notorious in mismanaging. There would be a complete breakdown.
I think it may create some confusion with the Bank in remitting the amount to both the organisations. Presently there is confusion among the SBI branches at present by not remitting the fund to ESIC / PF with its own challan. At present both the department call for our paid copy and bank statements for verification of payments.
What will happen when company is having different branches for ESI with sub code number (may be in different states) while for PF only one number?
Most importantly due date for the payment of contributions under both the Acts is different. Limit under the Act for compliance is also defers, so the no of employees defers. The employers are required to submit the original paid challan alongwith returns under both the Acts, hence it will not be possible.
In Mumbai area (Zone) jurisdiction under ESI & PF are different and bank statements goes to different offices. For example, employer in Chembur area will pay the contributions at SBI Chembur Branch, then for PF payments goes to Navi Mumbai, SRO PF office and for ESI it goes to RO Colaba. In Mumbai some of the SBI Branches do not accept payments under ESI Act.
It is not mandatory for all hence in our own interest, we should continue with the present practise of separate challan for ESI & PF.
Investment in plant and machinery/ equipment (excluding land and building)
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Micro Up to Rs. 25 lakh Up to Rs. 10 lakh
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Medium More than Rs 5 crore and up to Rs 10 crore More than Rs. 2 crore and up to Rs. 5 crore
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