Dear seniors, is it possible for an employer without an ESIC code to deduct the ESIC contribution from employees and make the payment using the code of another employer, other than the principal employer?
From India, Ahmadabad
From India, Ahmadabad
Absolutely wrong way. Every company has a different account and a different balance sheet. So, where should expenses be shown and where should they raise bills? Please advise them to choose a correct and separate way. Don't make "khichri."
From India, Calcutta
From India, Calcutta
Dear Kumar Sir, the establishment has decided to shut down the business. To generate a new code, they have to deposit 6 months' advance contribution, but they only have a liability of 2 months. So, isn't it possible that they show that they have outsourced the business to a third party onto which they deposit the ESIC contribution?
From India, Ahmadabad
From India, Ahmadabad
This is simply not possible. Ask them to have their own code, and without a proper ESIC code, they cannot do this because nowadays ESIC is online. How do they file monthly contributions? It's simply unethical.
Regards,
Pampa
From India, Calcutta
Regards,
Pampa
From India, Calcutta
Can anyone tell me if the ESIC card is mandatory for employees who are covered under ESIC? What is the duration to receive an ESIC card? Despite reminders, my payroll company has not provided ESIC cards to any employees. What should I do?
Regards,
Maitry
From India, Ahmadabad
Regards,
Maitry
From India, Ahmadabad
Clarification on ESIC Code Application
Okay, let me be the one to clarify. Do not apply for the ESIC code; instead, inform your local office manager or inspector to assess your company. This way, you will not have to make the 6-month advance payment because the contribution will be given after the generation of the ESIC Code. If your company is considering shutting down, then apply for the surrender of the ESIC Code.
On the other hand, as mentioned above, your contribution will be refunded if the company shuts down. In other words, any excess payment will be given back to the employer or the company.
Stay cool,
Atom
From India, Phagwara
Okay, let me be the one to clarify. Do not apply for the ESIC code; instead, inform your local office manager or inspector to assess your company. This way, you will not have to make the 6-month advance payment because the contribution will be given after the generation of the ESIC Code. If your company is considering shutting down, then apply for the surrender of the ESIC Code.
On the other hand, as mentioned above, your contribution will be refunded if the company shuts down. In other words, any excess payment will be given back to the employer or the company.
Stay cool,
Atom
From India, Phagwara
Dear Sir, It is not good method. In case of any untoward incidence, it will be a great problem. Please take ESI Code and remit in your account only. D.Gurumurthy HR/IR Consultant
From India, Hyderabad
From India, Hyderabad
Even if the job is outsourced through proper documentation and a contract is awarded, changing the roles of workmen onto the new contract with an ESIC code remains the responsibility of the principal employer to obtain the ESIC code. It is advisable to obtain the code yourself.
From India
From India
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