Late Submission Of Annual Return

Tej Bahadur Singh
Hi !
Greetings!
Shall be grateful if someone can tell me of the penalties/ repercussion for delayed submission of Annual return of PF?
If at all, what is the time limit for delayed submission ?
Is the case same with ESI ?
atul_kudhuliya
12th nov was the last day for esi,esi return for quater 1st quater(april-sep) to be submitted within 40days after sep,
anji38
hai thanks the information
what the delay payment of late submission of annual yearly submission of 2008-2009 what is panalty.
For ex: last financial year 2008-09 total annual turnover is 60 lacs last date of submission is 30th sep 2009 but in case not submission, when after submission of sep and what is panalty. plz clarified the problem
Kalyan Mitra
Hello Tej Bahadur,
The time limit for submission of PF Annual Return without grace period is 30th April and with grace period it is upto 31st May. If the delay of submission of Annual Return is not more than 1/2 months then the RPFC office does not take it very seriously but at the time of inspection they will make it a point that u are submitting the returns late regularly. However, as per statute for late submission of Returns RPFC office can issue show cause notice and start prosecution.
My suggestion is don't take any chance with statutory matters and play safe , submit the returns on time.
S.Chandrasekar
Anji,
it is not openly clear about the penalty of % imposed by the department on delayed returns. To my knowledge, it is calculated on the total challan value for that half-yearly period. In the case of delayed remittances, it is anywhere from 17% to 37%.
Rgds,
Chandru
vinani
Dear All,
I have working in retail sector in Delhi. I have received show cause notice against not submission of half yearly return for the 09/08 to 03/09, can provide me draft letter format against this show cause notice
Thanks & Regards
Vinod
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