Dear Apurba Mitra,
Greetings for the day,
Yes it is mandatory to deduct esic form the contractor payment but not on whole bill but only on a part i.e labor charges if there is no labour charges were mentioned in the bill the 60% of the total bill amount should be consider as labor charges and deduct 6.5% of that 60% and deposit the same with esic vide challan. Circular in the matter is enclosed for the reference.
Thanks & Regards,
From,
Sumit Kumar Saxena
Greetings for the day,
Yes it is mandatory to deduct esic form the contractor payment but not on whole bill but only on a part i.e labor charges if there is no labour charges were mentioned in the bill the 60% of the total bill amount should be consider as labor charges and deduct 6.5% of that 60% and deposit the same with esic vide challan. Circular in the matter is enclosed for the reference.
Thanks & Regards,
From,
Sumit Kumar Saxena
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