Dear All, Please find attached Annual Return under Factories Act / Maharashtra Rules in new Form 27 as published by GOM on January 5, 2015.
From India, Mumbai
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Understanding Annual Return Form 27 under Maharashtra Factories Rules
In compliance with the Factories Act and Maharashtra Rules, the Annual Return Form 27 holds significant importance for establishments operating within the state. This form serves as a crucial document that outlines essential details related to the factory's operations, ensuring adherence to legal requirements and maintaining transparency in employment practices.
Key Elements of Annual Return Form 27:
- The Form captures essential information such as the name and address of the factory, along with particulars of the manufacturing process and machinery employed.
- It includes details of the number of workers employed, their classifications, and any accidents or incidents that occurred during the year.
- Financial aspects like the total number of man-days worked, wages paid, and deductions made are also typically included in this Return.
Filing Process for Annual Return Form 27:
1. Obtain the latest version of Form 27 as per the updated guidelines provided by the Government of Maharashtra.
2. Fill in all the required fields accurately, ensuring that the information provided is complete and up-to-date.
3. Verify the data entered in the form for accuracy and compliance with the prescribed format.
4. Submit the duly filled Form 27 within the stipulated timeline to the relevant authority as per the regulatory requirements.
Compliance and Due Diligence:
It is essential for organizations to adhere to the prescribed timelines and guidelines for submitting the Annual Return Form 27 to avoid any penalties or legal implications. By maintaining accurate records and ensuring timely submission, companies can demonstrate their commitment to regulatory compliance and ethical business practices.
Ensuring that the Annual Return Form 27 is submitted correctly and promptly not only fulfills legal obligations but also contributes to the overall accountability and transparency of the organization's operations under the Maharashtra Factories Rules.
For detailed guidance on specific queries or nuances related to Form 27 or other regulatory aspects, it is advisable to consult with legal experts or HR professionals well-versed in labor laws and compliance requirements in Maharashtra.
From India, Gurugram
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In compliance with the Factories Act and Maharashtra Rules, the Annual Return Form 27 holds significant importance for establishments operating within the state. This form serves as a crucial document that outlines essential details related to the factory's operations, ensuring adherence to legal requirements and maintaining transparency in employment practices.
Key Elements of Annual Return Form 27:
- The Form captures essential information such as the name and address of the factory, along with particulars of the manufacturing process and machinery employed.
- It includes details of the number of workers employed, their classifications, and any accidents or incidents that occurred during the year.
- Financial aspects like the total number of man-days worked, wages paid, and deductions made are also typically included in this Return.
Filing Process for Annual Return Form 27:
1. Obtain the latest version of Form 27 as per the updated guidelines provided by the Government of Maharashtra.
2. Fill in all the required fields accurately, ensuring that the information provided is complete and up-to-date.
3. Verify the data entered in the form for accuracy and compliance with the prescribed format.
4. Submit the duly filled Form 27 within the stipulated timeline to the relevant authority as per the regulatory requirements.
Compliance and Due Diligence:
It is essential for organizations to adhere to the prescribed timelines and guidelines for submitting the Annual Return Form 27 to avoid any penalties or legal implications. By maintaining accurate records and ensuring timely submission, companies can demonstrate their commitment to regulatory compliance and ethical business practices.
Ensuring that the Annual Return Form 27 is submitted correctly and promptly not only fulfills legal obligations but also contributes to the overall accountability and transparency of the organization's operations under the Maharashtra Factories Rules.
For detailed guidance on specific queries or nuances related to Form 27 or other regulatory aspects, it is advisable to consult with legal experts or HR professionals well-versed in labor laws and compliance requirements in Maharashtra.
From India, Gurugram
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New Form 27 Annual return 3.1.2012.doc
FORM 26 Abstract Under The Factories Act, 1948 And The Maharashtra Factories Rules, 1963 (Marath.pdf