We had three employees under ESI. Two of them left in May 2018 and June 2018. The third one received an increment in May 2018, and her current gross wages are Rs. 25,064.00. As per the rules, we will deposit her ESI contributions up to September 2018. Kindly advise on what we need to do after September 2018. Do we need to file monthly returns? If yes, please advise on the procedure. Can we surrender our ESI registration?
From India, Delhi
From India, Delhi
You need to submit nil return after Sept 18 if you wish to continue ESI code. But as there is not option like NIL report please visit your nearest ESI regional office for the same.
From India, Pune
From India, Pune
Though the IP got increment, she would be contributory only up to September '18. As such, for the October '18 return, you can exclude her.
Within the half-yearly period of April-September/October-March, exclusion is not possible. So, the single employee would remain contributory on gross wages earned till September 30, 2018.
Within the half-yearly period of April-September/October-March, exclusion is not possible. So, the single employee would remain contributory on gross wages earned till September 30, 2018.
Thank you for your reply. Yes I will exclude the employee in October 18 with code 4-Out of Coverage. Do we have a separate format for NIL RETURN (Monthly) ? Or same form will work? Please advise.
From India, Delhi
From India, Delhi
After making an exit, just write a simple letter to ESIC regional office and submit it to them to get a stamped acknowledgement. For future communication, this record will serve as a firewall against any unwanted trouble.
Dear sir,
Code No ............
This is to inform you that currently, we do not have any employees within the gross wages range of 1-21000 (eligible limit). Therefore, we will not be filing monthly contributions from November 2018 onwards (the contribution sheet for October 2018 is enclosed herewith).
As NIL returns are not accepted by ESIC, we kindly request the facility to not file returns when the liability is NIL. We assure you that once it becomes payable or when an employee is recruited under the specified criteria, we will promptly commence the submission of monthly returns.
Thank you.
Dear sir,
Code No ............
This is to inform you that currently, we do not have any employees within the gross wages range of 1-21000 (eligible limit). Therefore, we will not be filing monthly contributions from November 2018 onwards (the contribution sheet for October 2018 is enclosed herewith).
As NIL returns are not accepted by ESIC, we kindly request the facility to not file returns when the liability is NIL. We assure you that once it becomes payable or when an employee is recruited under the specified criteria, we will promptly commence the submission of monthly returns.
Thank you.
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