What is the penalty payable if i default in filing EPF Returns within due date
Harsh Srimal (General Manager - Purchase (Steel & Coal)) (37 Points)
24 August 2011What is the penalty payable if i default in filing EPF Returns within due date
Sirisha
(Articles CA final student)
(71 Points)
Replied 24 August 2011
Below are facts can be faced in case of late filling & penality.
Damages
· Less than 2 months …. @ 17% per annum
· Two months and above but less than upto four months …. @ 22% per annum
· Four months and above but less than upto six months …. @ 27% per annum
· Six months and above
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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