We are a small garment manufacturer in Chennai. We received a notice from the EPF Commissioner's office for late payment of contributions, interest, and damages. We are ready to pay the 12% late payment interest. Given our company's current condition, a damage charge of 35% is not possible. Please help us understand how we can obtain a waiver for the 35% damage from the Provident Fund Commissioner's office. We would appreciate your guidance on how to approach the EPF Department.
From India, Madras
Acknowledge(0)
Amend(0)
1From India, Madras
Acknowledge(0)Amend(0)
Hi Kj,
We do come across such situations in my company. Normally, they ask for 14% interest on late payments. Try to explain the genuine reason for your late payment and strive to satisfy the commissioner (I hope you understand the importance of satisfying them). By doing so, the issue can be resolved with minimal damages.
Thanks,
Shivam
From India, New Delhi
Acknowledge(0)Amend(0)
We do come across such situations in my company. Normally, they ask for 14% interest on late payments. Try to explain the genuine reason for your late payment and strive to satisfy the commissioner (I hope you understand the importance of satisfying them). By doing so, the issue can be resolved with minimal damages.
Thanks,
Shivam
From India, New Delhi
Acknowledge(0)Amend(0)
Regarding EPF Late Payment remittance. Connection with this subject, Late payment demage wavier court judgement order in kerala. Arrange to send this judgement copy to us.
From India, Madras
Acknowledge(0)Amend(0)
From India, Madras
Acknowledge(0)Amend(0)
EPF Late Payment damage waiver court order judgment copy. Does anybody have this judgment copy to provide us? We are facing problems with the Provident Fund commissioner, who is demanding a 65% levy for late remittance. Please help us with how to solve this problem as we are running the industry at a loss.
From India, Madras
Acknowledge(0)Amend(0)
From India, Madras
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
EPFO circular regarding TDS on Payment of Provident Fund.pdf
Due Date for payment of Employee Provident Fund.docx