Due date of deposit epf

This query is : Resolved

Arun Bansal (Querist)
Follow

14 August 2012 is there is any grace period of 5 days of epf deposit means due date 15th of every maonth + 5 dayd grace period = 20th of every month.

CA CS Amit S. Kedia

CA CS Amit S. Kedia (Expert)
Follow

14 August 2012 Due date is 15th of succeeding month but 5 days grace period is allowed to avoid any delay in receipt of payment into govt treasury.
The cheque has to be cleared on or before 20th of next month.
Accordingly, even if the eheque is presented on or after 15th but if it has cleared on or before 20th then there will be considered within due date.