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Due date EPF and ESI - Other Topics

Issue Id: - 970
Dated: 6-12-2008
Due date EPF and ESI

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Due date of EPF is 20th of every month (including 5days of grace) and in case of ESI 21st of every month (including grace period)..........It is right?

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Dated: 10-12-2008
For EPF, the due date of payment is 15th of the month eg in respect of contributions for Nov'08, the due date of payment is 15th Dec'08.Although one may contend the argument of grace period, however, experiences during IT asst proceedings, it is observed and noted that the assessing officers disallow any delayed payment beyond the said threshold date, although the payments may have been made during the period of grace. The disallowance is made u/s 36 (1)(iv). Refer Explanation for the purpose of 'due date'. For ESIC,the due date is similarly 21st of the month.

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