Section 7Q in Employees Provident Funds Miscellaneous Provisions Act, 1952
7Q. Interest payable by the employer
The employer shall be liable to pay simple interest
Section 7Q in The Employees’ Provident Funds And Miscellaneous Provisions Act, 1952
7Q. Interest payable by the employer.—
The employer shall be liable
other provisions contained therein including sub-
section (1) of Section 11 and Sections 7-A , 7-Q , 14-b and 15(2) which
provide ... section (3), or sub-section (4) of section 1 , or section 3 , or sub-
section (1) of section 7A , or section 7B except an order
rate
of 5 per cent per annum under section 14B and also
interest under Section 7Q of the Act at the rate ... Therefore, the defaulter
becomes liable to pay damages under Section 14B
and interest under section 7Q at the rate of 17 per
cent per annum
terms of order dated 27.3.2007 passed
under Section 14B read with Section 7Q of the Act.
9. It appears that during the pendency ... appearing in Section 11(2) includes the amount
determined under Section 7A , interest payable on such
amount in terms of Section 7Q and damages levied
damages under Section 14B and Rs.18,79,535/-
towards interest under Section 7Q of the 'Act' for the period from July ... petitioner on 15.07.2008 for payment
of damages under Section 14B and interest under Section 7Q of the
'Act' on account of belated remittance
under Section 7A or any other
appealable order under Section 7I, for example an order under Section 14B,
would be appealable under Section 7I. Vehement ... section (3), or sub-
section (4) of section 1 , or section 3 , or sub-
section (1) of section 7A, or section 7B
except an order
Section 14B.
13. Once the amount due by the employer is determined under Section
7A, the authority commences an inquiry under Section 7Q to determine ... section (3), or sub-
section (4) of section 1 , or section 3 , or sub-
section (1) of section 7A, or section 7B
except an order
under sub-section (2) of section 6A ;]
(l) "Scheme" means the Employees Provident Fund Scheme framed
under section 5 ;
(7Q) Interest payable ... section (2A) of section 14 and shall be punishable with the
penalties provided in that sub-section.
By reading the provisions contained in Section 7Q
26th September,
2008, the order under section 14 B would not include the interest
element under section 7Q. This is clear from the following
observations ... scope and ambit of Section 14B and
elucidating upon the difference between the said Section and Section
7Q, it was highlighted that when an establishment
