Esic

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

10 November 2011 Hi All,

Once I deposit the cheque into the bank and collect the acknowledged copy of the challan, do I have to file the challan with the ESIC department on month on month basis like Provident Fund.

If yes
a) what is the monthly remittance form #.
b) Can someone please forward the challan.
c) Now that monthly remittance is online and challans are generated in duplicate copy only should I submit my original copy to the department.
d) Some say filing is to be done on half yearly basis.If yes, please provide the form for the same.

Thanks in advance.

Querist : Anonymous

Querist : Anonymous (Querist)

19 November 2011 Hi All,

Can someone please answer the above query.

Thanks in advance.

Regards.

Querist : Anonymous

Querist : Anonymous (Querist)

22 November 2011 Hi All,

Can someone please answer the above query.

Thanks in advance.

Regards.

Aashok Kumar Sharma online

Aashok Kumar Sharma online

(Expert)
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21 July 2024 Here’s a detailed response to your queries regarding depositing ESIC (Employees' State Insurance Corporation) contributions and filing the challans:

### 1. Filing Challans with ESIC Department:

Once you deposit the cheque into the bank and collect the acknowledged copy of the challan (payment receipt), here’s what you need to know about filing with the ESIC department:

- **Frequency**: ESIC contributions are typically deposited on a monthly basis.
- **Form for Monthly Remittance**: The form used for monthly remittance is called Form 5 (Return of Contribution). This form details the employees' contributions, employer's contributions, and other relevant information.
- **Challan Submission**: Previously, challans were submitted physically along with Form 5. However, with the move towards online processes, the submission of physical copies is being phased out in many regions. You may need to check with your local ESIC office regarding current procedures.
- **Online Filing**: Many ESIC offices now require online filing of monthly returns and contributions. The challan generated online (acknowledged copy) serves as proof of payment.
- **Half-Yearly Filing**: ESIC also requires half-yearly return filing in addition to monthly remittance. The half-yearly return consolidates the monthly contributions for the respective half-year period.
- **Form for Half-Yearly Filing**: The form used for half-yearly filing is Form 6 (Return of Contribution).

### 2. Specific Answers to Your Questions:

a) **Monthly Remittance Form**: Form 5 is used for monthly remittance.

b) **Challan**: ESIC challans are typically generated online now, and the acknowledged copy serves as your proof of payment. Physical submission of challans may no longer be required, but this can vary by region. If required, you would submit the original copy of the acknowledged challan.

c) **Submission of Original Copy**: If physical submission of challans is still required, you would submit the original copy of the acknowledged challan.

d) **Half-Yearly Filing**: Yes, half-yearly filing is mandatory. Form 6 is used for half-yearly filing of ESIC contributions.

### 3. Action Steps:

- Ensure you are registered on the ESIC portal for online filings.
- Generate and download Form 5 for monthly contributions and Form 6 for half-yearly contributions from the ESIC portal.
- Submit monthly contributions online and retain the acknowledged challan copy.
- Compile monthly contributions into Form 6 for half-yearly filing and submit as required by ESIC guidelines.

### 4. Consultation:

For precise procedures and forms specific to your region and compliance requirements, it’s advisable to consult with a qualified chartered accountant or a legal advisor who specializes in labor law and ESIC compliance. They can provide guidance based on the latest regulations and help ensure compliance with ESIC filing requirements.

By following these guidelines and staying updated with ESIC regulations, you can ensure timely and accurate filing of contributions for employees' benefits under ESIC.

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