tarunincomart
Hello All,
I have a query to take E.S.I.C. challan
Suppose that we can't deposite the E.S.I.C. challan before due date or if deposite before due date and then clearence in bank side after due date that case what happened.............
please suggest or advice me...
With Regards
Tarun Dalal

From India, Gurgaon
udhay.attvar
ESI has to be remitted before 21st of the subsequent month.
The chq/challan date will be taken for audit purpose if the chq clearance happens before 15 days from the date of deposit.
Otherwise only the clearance date will be taken as remittance date.
Late payment/remittance of PF/ESI will be notified in CARO Report by the Auditors
So all we need is we need to plan our payments accordingly.
J Udhay Attvar

From India, Madras
L.Kumar
8

Dear Sender
Please note that there should not be any delay in making statutory payments. As regards ESI recovery (both for employer and employee) should be deposited on or before 21st of every succedding month.
Bank seal is considered as date of remittance and it is observed by external auditors as evidence for statutory payment.
Also delay in payment will be notified by appropriate authorities when they visit our office and inspect the records
L.Kumar

From India, Madras
udhay.attvar
Hi Kumar
I fully agree. But if we present other bank chq into SBI for ESIC remittance. On receipt of the challan they put only recd seal on that date.
On clearance they are affixing one more seal called clearance .
There is always 5 days gap is there in our concern.
My concern is why co has to suffer for the delay in collection.
J Udhay Attvar

From India, Madras
mandar.jagannath
Hi !
That is precisely our conceern because not for the reason that the checque is from the other bank n it takes min 5 days for clearnce but primary reason is it is always subject to realisation of the cheque.
Regards,
Mandar J

From India, Pune
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