7 FAQ’s ON ECR FILING AND PAYMENT OF
CONTRIBUTIONS
Q1: What is an Electronic Return cum- challan (ECR)?
Ans: Every establishment
covered under the EPF & MP Act, 1952 has to
electronically file information after close of every wage regarding the
number of employees employed, their UAN, EPF a/c number, their EPF/EPS wages,
contributions due under
the three Schemes
on such wages and the administrative charges due, wage disbursal date, particulars of new employees joining and
existing members leaving service and excluded
employees.
The ECR facility
on unified portal
allows the employer
to perform the above important statutory duty.
After creating the above information in the ECR, the employer
can use the challan process
for payment of the contributions & administrative charges declared
by him.
Q2: What is the relief announced by
the EPFO on the 30th of April, 2020 in regards to ECR process?
Ans: ECR can now onwards
be created by any employer without the need of simultaneous payment of
contributions which may be paid later by the employer after creating the ECR.
Q3: How the payment can be paid
later on after filing ECR?
Ans: The ECR created by
employer furnishing the statutory information will not lapse and shall always
be available at future date for reference to complete the payment.
Q4: My establishment qualifies for
PMGKY benefits but the date for filing ECR for March, 2020 is extended till
15.05.2020. If I file ECR now for March, 2020 then will I get time up to
15.05.2020 for payment?
Ans: Yes, after creating
ECR for March, 2020 you may make payment on or before 15.05.2020. If you file
ECR now, you can fill up declaration for PMGKY properly, edit any errors, if
any, in declaration and you will avoid last minute rush.
Q5: If ECR for March, 2020 is filed now, whether
PMGKY benefits would
remain available to eligible
establishment when payment is made later on?
Ans: Yes, filing of ECR
now and paying later will help in securing the relief of payment employer’s and employee’s share of contributions, totalling 24% of wages, by Central Govt.
in r/o of employees of your establishment earning monthly less than
Rs.15000/- under PMGKY package Scheme.
Q6: What is the last date for filing
ECR and making payment for wage month April, 2020 to avail benefits under PMGKY? Will
there be any extension of date since lockdown is extended up to 17.05.2020?
Ans: Since filing of ECR
for is now separated from payment process, the time for filing ECR for April,
2020 is on or before 15.05.2020 and dues may be remitted within the due date or
within extended time, if any, as announced by the Central Govt.
For establishments eligible
for PMGKY benefits, the ECR for April, 2020 must be filed as soon
as possible.
Q7: Whether damages will be leviable for delayed deposits?
Ans: No damages will be
leviable if deposits are made within the extended time declared by the Central
Government.
Disclaimer:
IN NO EVENT THE AUTHOR SHALL BE LIABLE FOR ANY DIRECT, INDIRECT,
SPECIAL OR INCIDENTAL DAMAGE RESULTING FROM OR ARISING OUT OF OR IN CONNECTION
WITH THE USE OF THIS INFORMATION
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