HOW TO CALCULATE ESI,P.F,VAT,I.TAX,EXCISE,C.S.T.REFUND
CLAIM, E.T.C. IF YOU KNOW ANY OF THIS PLASE REPLY
Answer Posted / sankar
ESI: DUE DATE EVERY MONTH 21ST
EG: IF U WILL PAY THE SALARY FOR THE MONTH OF NOV U WILL
PAY THE ESI BEFORE 21st DEC
ESI IS APPLICABLE FOR BELOW 15000 Rs SALARY FOR THE MONTH
ESI WILL BE DEDUCTING 1.75% FROM EMPLOYEE'S GROSS SALARY
AND EMPLOYER 4.75% WILL BE PAYING TO THE GOVT. TOTAL 6.50%
WILL PAY THE COMPANY TO GOVT.
WE WILL PAY THE CONTRIBUTION EVERY MONTH BUT WE WILL SUBMIT
THE RETURN HALY-YEARLY ONCE
APR TO SEPT --- DUE DATE NOV 11th
OCT TO MARCH -- DUE DATE MAY 12th
PF: DUE DATE EVERY MONTH 15th
WE WILL DEDUCT PF ON EMPLOYEE'S BASIC SALARY 12%
EMPLOYERS CONTRIBUTION IS 13.61%
TOTAL CONTRIBUTION IS 25.65%
BUT THIS WILL BE CALCULATION DEATILS GIVE AS UNDER
EMPLOYEE'S COTRIBUTION 12%
EMPLOYER'S COTRIBUTION 3.67%
PENSION FUND CONTRIBUTION 8.33%
ADMINISTRATION CHARGES 1.1%
EDLI 0.50%
INSPECTION 0.01%
SALES TAXS:
VAT: DUE DATE EVERY MONTH 15th
PURCHASE:- INPUT TAX
SALES:- OUTPUT TAX
SALES TAXS= OUTPUT TAX-INPUT TAX
INCASE INPUT TAX EXCEED OUTPUT TAX THIS WILL BE ADJUSTED IN
CST OR WE WILL GET BENIFIT NEXT MONTH
CST: WHEN WE PURCHASE OR SALE IN OTHER STATE THIS WILL BE
EFFECT BUT PURCHASE CST WE CAN NOT RECOVER
EXCISE: DUE DATE EVERY MONTH 5th
RETURN SUBMISSION IS WITHIN 10th
EXCISE TAX CALCULATE 10% ON BILL VALUE
THIS PERCENTAGE IS DEPOND UPON THE PRODUCT
AND WE WILL CALCULATE 3% CESS ALSO
PURCHASE EXCISE & SALES EXCISE DIFF AMOUNT WE WILL PAY
INCASE PURCHASE EXCISE MORE THAN SALE EXCISE THIS AMOUNT WE
WILL RECOVER NEXT MONTH
I DON'T REMAINING WHO KNOWS PLZ GIVE ANS ABOVE DETAILS IS
AS PER MY KNOWLEGE. ANY MISTAKE PLZ GIVE ME CORRECT ANS
THNKS
| Is This Answer Correct ? | 18 Yes | 3 No |
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