Home India Ministry of Ports, Shipping and Waterways Circular No.I/2022 of SPFO- Change in Grace Period for Levy ...
Date: 2022-08-23 Category: DGS Circular State: Union Government Country: India

Circular No.I/2022 of SPFO- Change in Grace Period for Levy of damages on delay payment of Provident Fund Contributions and Administrative charges thereon.

Issued by Ministry of Ports, Shipping and Waterways · Directorate General of Shipping

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Executive Summary & Key Takeaways

Circular No.1 of 2022 from the Seamen's Provident Fund Commissioner, under the Ministry of Ports, Shipping and Waterways, announces a change in the grace period for levying damages on delayed payments of Provident Fund contributions and administrative charges. Effective from the end of the succeeding calendar month in which a seafarer has signed off, damages/penalties/charges will be applied to late PF contributions, based on the decision of the 142nd Board of Trustees meeting held on July 18, 2022. The previous grace period was 30 days from the date of sign off. The rates of damages/penalty/charges will remain unchanged. All shipping companies are requested to ensure timely remittances to the Seamen's Provident Fund organization. The Commissioner is Surendra Kumar. The office is located at Krupanidhi, 3rd floor, 9 Walchand Hirachand Marg, Ballard Estate, Mumbai-400 001. The email is spfoac@gmail.com/spfo.commr@gov.in, and the website is www.spfo.gov.in. The telephone number is 022-22 66 20 44/22 61 69 25 and 022-22 62 04 02 (Commissioner). The fax number is 022-22 61 62 02. The circular is dated 23 AUG 2022 with reference number Ref No. 137/III/116/2022.

Key Entities Referenced

Seamen's Provident Fund: Provident Fund for seafarers; levies damages/penalty/charges on late receipt of PF contributions. Office of the Seamen's Provident Fund Commissioner: The issuing authority of this circular, under the Ministry of Ports, Shipping and Waterways. Mumbai: Location of the Seamen's Provident Fund Commissioner's office. Ministry of Ports, Shipping and Waterways: The ministry under which the Seamen's Provident Fund Commissioner operates.
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th tffifr:022-22 66 20 44t22 61 69 2s Tet: 022-22 66 20 44122 61 69 25 tffid 022-22 62 04 02 ($r{fr) Tel 022-22 62 04 02 (Commissioner) f-te: spfoac@gmail.com/spfqrommr@gov.in E-mail: spfoac@gmail.com/ sofo.commr(Aqov.in t{: www.sofo.gov-in Web:: www.sofo.gov.in 6*q: 022-22 61 62 02 3ngfr artf6 sftq Efr 6r+dq, T{5 Fax:. 022-22 6't 62 02 (Edi, ird cft-6r 3it{ B-fqrrt drrfiq ) OFFICE OF THE SEAMENS PROVIDENT FUND COMMISSIONER (UNDER MINISTRY OF PORTS, SHIPPING AND WATERWAYS) Tscr srfi s{ dq-{6r{ 3rl{€ +, Tcrftfu, 3{r arin, / KRUPAN|DHI, 3d floor, tre q{ 5t 9, ErdriE fi{rjE Errt/ Watchand Hicchand Marg, All Replies should be +6Ir+ g€ta, / Ballard Estate, Commissioner Addressed to the t{5400 OO1/ Mumbai-4oo OO'1 Ref No.137llll/ l/6 t2022. Date ctRcuLAR NO.'t OF 2022 3 2 AUG 2022 To, All the Shipping Companies Sub : CHANGE lN GRACE PERIOD FOR levy of damages on delay payment of Provident Fund Contributions and Administrative charoes thereon. It has been decided in the 142nd Board of trustee meeting held on 18.07.2022 lhal damages / penalty / charges on late receipl of PF contributions should be levied with effect from the end of succeeding calendar month in which seafarer has signed off. Earlier it was 30 days from the date of sign off. The rate of damages / penalty / charges remains unchanged. 2. You are, therefore, requested to ensure that the remittances are made to the Seamen's Provident Fund organisation in accordance with the decision of the Board of Trustees, Seamen's Provident Fund as above otherwise damages / penalty / charges will be levied as per above decision. 3. Kindly acknorvledge L lorlzt',, (Suren ra Kumar) Co missioner Seamen's Provident Fund a n isatio n Mum bai

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