Hi,, We have paid a higher amount of contribution in ESIC. is there any possibility for refund ? kindly suggest to proceed further With Regards, N.Dhanalakhsmi
From India, Chennai
From India, Chennai
1. Sir, you can approach the Regional Director or Joint Director of the Region/Sub-Region of ESIC to which your unit is attached. Explain all the positions in detail regarding how you deposited the contributions, including any errors. You can either demand a refund or request an adjustment against future deposits if applicable.
2. Since ESIC is a statutory organization based on statutory provisions, I believe there will be no issue with obtaining a refund or making future adjustments for any excess contributions paid if it is determined that the employer's claim was accurate.
From India, Noida
2. Since ESIC is a statutory organization based on statutory provisions, I believe there will be no issue with obtaining a refund or making future adjustments for any excess contributions paid if it is determined that the employer's claim was accurate.
From India, Noida
Hi,there is no process to refund the paid high amount to ESIC. You can approc anybody but the fact is no refund get done.
From India, Mumbai
From India, Mumbai
Sir, please see Regulation 40 of ESI (General) Regulations, 1950 which is regarding "REFUND OF CONTRIBUTIONS ERRONEOUSLY PAID." You can submit an application for a refund to ESIC under the provisions of the above regulation.
From India, Noida
From India, Noida
I agree with the views of Mr. Harsh K. Mehta. There are provisions for refunds and adjustments in ESIC if overpaid erroneously. Approach your RO/SRO along with all the details. Normally, the excess amount is adjusted against future payments. You can adjust the excess amount against the next payments and pay the balance amount. Then, inform the Revenue Branch Officer of your RO/SRO accordingly.
From India, Bhubaneswar
From India, Bhubaneswar
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