Dear Community,
I have a case at hand where a vendor was deployed to complete maintenance and repair work in the office premises. The billing was consolidated without a breakup of man and machinery costs.
Now, my queries are:
1. Is it mandatory for the vendor to submit ESI and PF challans?
2. In the event that the vendor cannot provide the statutory documents and the company decides to submit the statutory dues on their behalf, what is the calculation basis in that case and what is the procedure?
I am looking forward to your valued inputs.
You can reply in confidence at kaushiknandi79@gmail.com or call at +91-9910704662.
Regards,
Kaushik
From India, Delhi
Acknowledge(0)
Amend(0)
I have a case at hand where a vendor was deployed to complete maintenance and repair work in the office premises. The billing was consolidated without a breakup of man and machinery costs.
Now, my queries are:
1. Is it mandatory for the vendor to submit ESI and PF challans?
2. In the event that the vendor cannot provide the statutory documents and the company decides to submit the statutory dues on their behalf, what is the calculation basis in that case and what is the procedure?
I am looking forward to your valued inputs.
You can reply in confidence at kaushiknandi79@gmail.com or call at +91-9910704662.
Regards,
Kaushik
From India, Delhi
Acknowledge(0)Amend(0)
Hi,
It is mandatory. If it is maintenance work, normally the authorities take the entire amount as wages. There are guidelines available. It could be reduced to 25% of the bill amount if one can prove that the contract included the cost of materials as well. But if you have provided materials, it could be argued and brought down to 50 to 60%.
Siva
From India, Chennai
Acknowledge(0)Amend(0)
379It is mandatory. If it is maintenance work, normally the authorities take the entire amount as wages. There are guidelines available. It could be reduced to 25% of the bill amount if one can prove that the contract included the cost of materials as well. But if you have provided materials, it could be argued and brought down to 50 to 60%.
Siva
From India, Chennai
Acknowledge(0)Amend(0)
Being a principal employer, it is mandatory on your part to ensure that all the labor laws implemented by the so-called vendor are followed. A workman drawing less pay than Rs. 10,000 (including all payments except bonus) must have their ESI deducted.
From India, Calcutta
Acknowledge(0)Amend(0)
From India, Calcutta
Acknowledge(0)Amend(0)
Dear All,
Thank you so much for the input, but my query still seems unsolved.
Firstly, the bill does not have the breakup of man and machinery. Hence, I have no idea what the total wages are that need to be accounted for.
Secondly, if I take the whole bill amount and deduct 25%, what is the percentage of the total amount deducted to be divided for PF and ESI?
Finally, once the amount is divided, and we decide to deposit the amount to the respective departments, what is the procedure?
Waiting for your valuable inputs.
Regards,
Kaushik
From India, Delhi
Acknowledge(0)Amend(0)
Thank you so much for the input, but my query still seems unsolved.
Firstly, the bill does not have the breakup of man and machinery. Hence, I have no idea what the total wages are that need to be accounted for.
Secondly, if I take the whole bill amount and deduct 25%, what is the percentage of the total amount deducted to be divided for PF and ESI?
Finally, once the amount is divided, and we decide to deposit the amount to the respective departments, what is the procedure?
Waiting for your valuable inputs.
Regards,
Kaushik
From India, Delhi
Acknowledge(0)Amend(0)Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.
PF & ESI CALCULATION SHEET EXAMPLE.xls