ESIC compliances for new companies whom ESIC no allotted through Spice+

[CA Mayur Todmal]

ESIC Department issued internal circular dated 21/11/2022 in the matter of ESIC compliances by the companies incorporated through new spice+ form and allotted ESIC number.

Important extract of the circular

"the companies registered through MCA portal are found not coverable as per the Statutory Provislons of the ESI Act, they need not make compliance for next 6 months or till they reach the threshold of ESIC coverage/ whichever is earlier. If the company does not reach the threshold in six months, it has to login on the ESIC website to further extend the 'dormant' mode. In case, it does not extend the same, the registration will automatically activate and company has to start compliance under ESIC Act "

https://www.esic.nic.in/attachments/circularfile/4047c7be36e4971979e1e22322aa1c20.pdf