One of our client deducted some bill amount under ESI head @ 6.5% of total bill. I just need to know where we have to book this deduction.
We have an leagder " Insurance of empolyess " can we book there.
Kindly guide the same
rgds
Sanjay Rawat
sanjay (Accountant) (85 Points)
30 January 2013One of our client deducted some bill amount under ESI head @ 6.5% of total bill. I just need to know where we have to book this deduction.
We have an leagder " Insurance of empolyess " can we book there.
Kindly guide the same
rgds
Sanjay Rawat
@VaibhavJ
(Believe!! Live your dreams!)
(33511 Points)
Replied 30 January 2013
hey
can u let me know what type of business u r running & your client..& reason for deducting ESI by your client..
Thanks!!
sanjay
(Accountant)
(85 Points)
Replied 30 January 2013
We are in service business and installed or serviced at our client factory area
| Originally posted by : @ VaibhavJ | ||
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@VaibhavJ
(Believe!! Live your dreams!)
(33511 Points)
Replied 30 January 2013
hey
inn this case you are not supplying any manpower to client, so he can not deduct ESI from your bill...
You are responsible to deduct ESI & pay to govt. And you have to pass entry accordingly.
If you have also paid ESI then this will amount to dual payment..
CAclubindia
