Dear All
We are a civil contracting company. On each project we employ our permanent staff and also engage contractors which undertake the job on labour rate i.e. they charge us the labor rate on a per square meter basis. The contractor gives us only labour and we supply all the material. Such payments show as JOBWORK in our balance sheet. Please advice if we are liable to pay esi / pf on the jobwork piece of our balance sheet.
We are a civil contracting company. On each project we employ our permanent staff and also engage contractors which undertake the job on labour rate i.e. they charge us the labor rate on a per square meter basis. The contractor gives us only labour and we supply all the material. Such payments show as JOBWORK in our balance sheet. Please advice if we are liable to pay esi / pf on the jobwork piece of our balance sheet.