ESIC Return
ESIC Return – Classic Partners LLP
Classic Partner – Chartered Accountants for ESIC Compliance
What is ESIC Return ?
The Employees’ State Insurance (ESI) scheme, governed by the Employees’ State Insurance Corporation (ESIC) under the ESI Act, 1948, provides health insurance and social security benefits to employees.
Every employer registered under ESIC is required to file periodic returns to ensure that employee contributions are correctly deposited and benefits are made available to insured persons and their families.
Who Needs to File ESIC Returns?
All establishments registered under ESIC.
Employers with 10 or more employees (20 in some states) earning wages of up to ₹21,000 per month.
Voluntarily registered employers under ESIC.
Documents & Information Required
Employer Code Number (ECN) issued by ESIC.
Employee details (Name, Wages, Insurance Number, Contribution).
Challans of ESI contributions deposited.
Salary and attendance records.
Bank details for contribution payments.
Types of ESIC Returns & Due Dates
Employers must file half-yearly ESIC returns along with monthly contributions.
Monthly Filing
Contribution Payment & E-Challan Generation
Due Date: 15th of the following month
Employer (3.25%) + Employee (0.75%) = Total 4% of wages
Half-Yearly Returns
Form 5 – Return of contributions filed twice a year:
For April to September → Due by 11th November
For October to March → Due by 12th May
Filing Procedure
Calculate contributions (employer & employee share) based on wages.
Generate challan & deposit contributions online through the ESIC portal.
File monthly challan details by uploading contribution files.
Submit Form 5 half-yearly return with employee-wise contribution details.
Maintain attendance, wages, accident register, inspection book, and challans.
Penalties for Non-Compliance
Interest @ 12% per annum on delayed contributions.
Damages/Penalty ranging from 5% to 25% depending on period of delay.
Prosecution in case of repeated defaults.
Why Choose Classic Partner?
End-to-end ESIC registration & return filing services.
Accurate computation of contributions.
Timely monthly and half-yearly return filing.
Maintenance of compliance records (Form 6 register, inspection books, etc.).
Representation before ESIC authorities in case of disputes or inspections.
Simplify Your ESIC Compliance with Classic Partner
From registration to monthly challans to half-yearly returns, our experts ensure that your ESIC obligations are met without delays or penalties.