I am an Accountant in an Organisation, which has the main activity of Binding works of News Magazines.
Here is our present scenario:
*Our Organisation is a Proprietary Firm.
*We are binding news magazines of a printing press in their own premises(not ours) on piece rate basis on a contract basis.
*They provide all facilities, such as plant, Machinery, Power, Material., etc. Our Duty is Just to Make Binding of Loose Sheets into Magazines.
*For Binding purposes, we bring labor regularly which is around 43 nos.
*And randomly 80 nos. of labor come on weekly once due to heavy work on weekend. They are not same every time.
*We don't have any Licence on our Organisation name.
*And the Printing Press gives amount on piece rate basis, which amounts around 10-12 Lakhs per month.
*We are not deducting any ESI & PF on our name, that printing press is deducting ESI &PF for around 23 members only.
*Total piece rate amount credits to our Bank Account, from that we are paying wages to daily coming labour.
*We registered for GST on our Proprietor name recently.
*Principle Employer is paying alongwith GST @18%
Now These are my Questions:
1.Who is responsible for deducting ESI & PF, we or our principal employer?
2. ESI is paid by Printing Press, Wages are paid by us regularly from our Bank Account, is it eligible as per ESI, PF & IT Acts?
3.If we are responsible for deducting ESI & PF, Should we also deduct ESI & PF for those weekly coming labour, who are not regular(i.e labour differ week to week, same person won't come generally every week)?
4.We are paying cash to Weekly coming labor, how to show them in our accounts?
5.How to treat GST amount received by us?
***I am very thankful to you for giving your valuable suggetions***
From India, Hyderabad
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