52/2/CAB-2012, Dated the 25th June, 2012

Government of India, Ministry of Corporate Affairs, Cost Audit Branch

B-1 Wing, 2nd Floor, Paryavaran Bhavan, CGO Complex, New Delhi-110 003

Subject: Product Group Classification

Pursuant to the notification of following Rules, Ministry proposes to constitute the Product Groups as given in the annexure to the draft notification enclosed.

a)     Companies (Cost Accounting Records) Rules, 2011 notified vide GSR 429(E) dated June 3, 2011.

b)     Companies (Cost Audit Report) Rules, 2011 notified vide GSR 430(E) dated June 3, 2011.

c)      Cost Accounting Records (Telecommunication Industry) Rules 2011 notified vide GSR 869(E) dated December 7, 2011.

d)     Cost Accounting Records (Petroleum Industry) Rules 2011 notified vide GSR 870(E) dated December 7, 2011.

e)     Cost Accounting Records (Electricity Industry) Rules 2011 notified vide GSR 871(E) dated December 7, 2011.

f)       Cost Accounting Records (Sugar Industry) Rules 2011 notified vide GSR 872(E) dated December 7, 2011.

g)     Cost Accounting Records (Fertilizer Industry) Rules 2011 notified vide GSR 873(E) dated December 7, 2011.

h)     Cost Accounting Records (Pharmaceutical Industry) Rules 2011 notified vide GSR 874(E) dated December 7, 2011.

2. Various companies, and professionals such as Cost Accountants, Chartered Accountants, & Company Secretaries, and other stakeholders from corporate sector are connected with the usage of product group classification. All are welcome to examine the draft and furnish comments/suggestions to this Ministry within a period of three weeks i.e. by 15th July, 2012 through email on the following e-mail address: –

bharat.goyal@mca.gov.in, OR goyalbb@gmail.com, vijay.aggarwal@mca.gov.in, OR vijayaggarwal1956@yahoo.in

Yours faithfully,

(V.K.Aggarwal) Director (Cost)

Draft Notification

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY PART‑
II, SECTION-3, SUB-SECTION (ii)]

MINISTRY OF CORPORATE AFFAIRS
Notification
New Delhi, dated the June, 2012

S.O. (E) – In exercise of the powers conferred by clause (b) of sub‑
section (1) of section 642 read with section 610B of the Companies Act, 1956 (1 of 1956), the Central Government hereby constitutes the Product Groups as given in the annexure enclosed.

2. Pursuant to the above, all companies shall use the Product Groups as given in the annexure, wherever it appears, in the Cost Audit Report and in the Compliance Report to be filed with the Central Government in compliance with the following Rules:

a)     Companies (Cost Accounting Records) Rules, 2011 notified vide GSR 429(E) dated June 3, 2011.

b)     Companies (Cost Audit Report) Rules, 2011 notified vide GSR 430(E) dated June 3, 2011.

c)     Cost Accounting Records (Telecommunication Industry) Rules 2011 notified vide GSR 869(E) dated December 7, 2011.

d)     Cost Accounting Records (Petroleum Industry) Rules 2011 notified vide GSR 870(E) dated December 7, 2011.

e)     Cost Accounting Records (Electricity Industry) Rules 2011 notified vide GSR 871(E) dated December 7, 2011.

f)      Cost Accounting Records (Sugar Industry) Rules 2011 notified vide GSR 872(E) dated December 7, 2011.

g)     Cost Accounting Records (Fertilizer Industry) Rules 2011 notified vide GSR 873(E) dated December 7, 2011.

h)    Cost Accounting Records (Pharmaceutical Industry) Rules 2011 notified vide GSR 874(E) dated December 7, 2011.

3. The Product Group as given in the annexure shall also be used, wherever so desired by the Central Government, in respect of any other document required to be filed either with the Registrar or with the Central Government in compliance with any provisions of the Companies Act, 1956 (1 of 1956).

[F. No. 52/2/CAB-2012]

B.B.GOYAL

ADVISER (COST)

Sno.

Product
Group Code

Name of the Product Group

Central Excise Tariff Act (CETA) Chapter
Headings covered in the Product Group

A

Manufacturing or Producing Activities

1

1001

Livestock 0101 to 0106

2

1002

Meat & Meat Products 0201 to 0210; 0410; 1601 to 1603

3

1003

Marine Products 0301 to 0307; 1604 to 1605

4

1004

Milk & Milk Products 0401 to 0406

5

1005

Poultry & Related Products 0407 to 0408

6

1006

Bee Products 0409

7

1007

Human Hair & Related Products 0501; 6703 to 6704

8

1008

Products of Animal Origin 0502; 0504 to 0508; 0510 to 0511

9

1009

Plants, Trees and Flowers 0601 to 0604

10

1010

Vegetables 0701 to 0714

11

1011

Fruits & Nuts 0801 to 0814

12

1012

Coffee & Coffee Products (incl 210111) 0901

13

1013

Tea & Tea Products (incl 210120) 0902

14

1014

Spices – processed or unprocessed 0903 to 0910

15

1015

Cereals, Flour & Product of Cereals 1001 to 1008; 1101 to 1109

16

1016

Oil Seeds & Products of Oil Seeds 1201 to 1209

17

1017

Other Seeds & Plants 1210 to 1214

18

1018

Vegetable Saps / Products 1301 to 1302; 1401; 1404

19

1019

Animal/Vegetable Fats & Oils 1501 to 1518; 1520 to 1522

20

1020

Sugar & Sugar Products 1701 to 1702

21

1021

Molasses 1703

22

1022

Sugar Confectionery/Chocolates 1704; 1806

23

1023

Cocoa Products 1801 to 1805

24

1024

Prepared Food Products 1901 to 1905; 2001 to 2009; 2101 to 2106; 2501
25

1025

Mineral Water & Aerated Drinks 2201 to 2202
26

1026

Alcoholic Beverages 2203 to 2206; 2208
27

1027

Ethyl Alcohol & other Spirits 2207
28

1028

Vinegar 2209
29

1029

Food Residues / Prepared Animal Feed 2301 to 2309
30

1030

Unmanufactured & Manufactured Tobacco 2401; 2403
31

1031

Tobacco Products 2402
32

1101

Mineral Products 2502 to 2522; 2524 to 2526; 2528 to 2530; 2601 to 2621
33

1102

Cement 2523
34

1103

Mineral Fuels (other than Petroleum) 2701 to 2708
35

1104

Petroleum Oils – Crude 2709
36

1105

Petroleum Products 2710; 2712 to 2715
37

1106

Petroleum Gases & other Gaseous Hydrocarbons 2711
38

1107

Electrical Energy 2716
39

1108

Chemicals & Chemical Products 2801 to 2837; 2839 to 2850; 2852 to 2853; 2901 to 2942; 3501 to 3507; 3801 to 3807; 3809 to 3825
40

1109

Pharmaceutical Products 3001 to 3006
41

1110

Animal/Vegetable Fertilizers 3101
42

1111

Mineral/Chemical Fertilizers – Nitrogenous 3102
43

1112

Mineral/Chemical Fertilizers – Phosphatic 3103
44

1113

Mineral/Chemical Fertilizers – Potassic 3104

45

1114

Mineral/Chemical Fertilizers – Others 3105

46

1115

Tanning Substances 3201 to 3202

47

1116

Colours, Dyes & Pigments 3203 to 3207; 3212

48

1117

Paints & Varnishes 3208 to 3211

49

1118

Inks & Colours 3213; 3215

50

1119

Plasters & Fillers 3214

51

1120

Essential Oils 3301 to 3302

52

1121

Personal Care Products 3303 to 3307; 8212; 9615 to 9616

53

1122

Soaps & Detergents 3401 to 3402

54

1123

Lubricating Preparations 3403

55

1124

Waxes & Wax Products 3404 to 3407

56

1125

Explosives 3601 to 3603

57

1126

Fireworks, Matches & Combustible Materials 3604 to 3606

58

1127

Photographic and Cinematographic Goods 3701 to 3707

59

1128

Insecticides 3808

60

1129

Chemicals – Plastics & Polymers 3901 to 3915

61

1130

Articles of Plastics & Polymers 3916 to 3926

62

1131

Rubber & Rubber Products 4001 to 4010; 4014 to 4017

63

1132

Rubber Tyres & Tubes 4011 to 4013

64

1201

Raw Hides, Skins & Leather 4101 to 4107; 4112 to 4115

65

1202

Leather Products 4201 to 4206

66

1203

Furskins & Fur Products 4301 to 4304

67

1204

Wood & Wood Products 4401 to 4421

68

1205

Cork & Cork Products 4501 to 4504

69

1206

Straw & Plaiting materials 4601 to 4602

70

1301

Pulp of Wood & other substances 4701 to 4707

71

1302

Newsprint 4801

72

1303

Paper & Paperboard 4802 to 4813

73

1304

Articles of Paper & Paperboard 4814; 4816 to 4823

74

1305

Prrinting & Publishing 4901 to 4911

75

1401

Silk 5001 to 5003

76

1402

Silk Yarn 5004 to 5006

77

1403

Silk Fabrics 5007

78

1404

Wool 5101 to 5105

79

1405

Wool Yarn 5106 to 5110

80

1406

Wool Fabrics 5111 to 5113

81

1407

Cotton 5201 to 5203

82

1408

Sewing Thread 5204; 5401

83

1409

Cotton Yarn 5205 to 5207

84

1410

Cotton Fabrics 5208 to 5212

85

1411

Other Textile Yarns/Fibres 5301 to 5303; 5305 to 5308

86

1412

Other Textile Fabrics 5309 to 5311

87

1413

Synthetic Yarns/Fibers 5402 to 5406; 5501 to 5511; 5601 to 5609

88

1414

Synthetic Fabrics 5407 to 5408; 5512 to 5516

89

1415

Carpets & textile floor coverings 5701 to 5705

90

1416

Other Textile Fabrics/Products 5801 to 5811; 5901 to 5911; 6301; 6305 to 6310

91

1417

Knitted or Crocheted Fabrics 6001 to 6006

92

1418

Apparel & Clothing 6101 to 6117; 6201 to 6217

93

1419

Furnishings 6302 to 6304
94

1501

Footwear & Parts thereof 6401 to 6406
95

1502

Headgear & Parts thereof 6501 to 6502; 6504 to 6507
96

1503

Umbrellas, Sticks etc. 6601 to 6603
97

1504

Articles of Skins & other parts of birds 6701
98

1505

Artifical Flowers & Fruits 6702
99

1506

Articles of Stones, Plaster, Cement, Asbestos & Mica 6801 to 6815
100

1507

Ceramic Products 6901 to 6914
101

1508

Glass & Glass Products 7001 to 7011; 7013 to 7020
102

1509

Pearls, Diamonds, Stones & Jewellery Articles 7101 to 7118
103

1601

Primary Ferrous Materials 7201 to 7205
104

1602

Iron & Non-Alloy Steel 7206 to 7217
105

1603

Stainless Steel 7218 to 7223
106

1604

Other Alloy or Non-Alloy Steel 7224 to 7229
107

1605

Steel Products 7301 to 7326
108

1606

Copper & Copper Products 7401 to 7413; 7415; 7418 to 7419
109

1607

Nickel & Nickel Products 7501 to 7508
110

1608

Aluminium & Aluminium Products 7601 to 7616
111

1609

Lead & Lead Products 7801 to 7802; 7804; 7806
112

1610

Zinc & Zinc Products 7901 to 7905; 7907
113

1611

Tin & Tin Products 8001 to 8003; 8007
114

1612

Other Base Metals & their Products 8101 to 8113; 8301 to 8311
115

1613

Hand Tools 8201 to 8211; 8213 to 8215
116

1701

Nuclear Reactors & Accessories 8401
117

1702

Boilers & Assessories 8402 to 8404

118

1703

Engines/Motors & parts thereof 8405 to 8412

119

1704

Machinery & Mechanical appliances 8413 to 8484; 8486 to 8487

120

1705

Electric Motors/Generators & Parts thereof 8501 to 8505

121

1706

Batteries & Accumulators 8506 to 8507

122

1707

Electrical & Electronic Equipments/Appliances 8508 to 8519; 8521 to 8523; 8525 to 8548

123

1801

Railway Rolling Stock & parts thereof 8601 to 8607

124

1802

Railway or other Fixtures & Fittings 8608

125

1803

Containers 8609

126

1804

Commercial Vehicles (4 or more wheels) 8701; 8704 to 8707; 8709; 8716

127

1805

Passenger Vehicles (4 or more wheels) 8702 to 8703

128

1806

Parts & Accessories of Vehicles 8708; 8714

129

1807

Tanks & Armoured Vehicles 8710

130

1808

Passenger Vehicles (2 & 3 Wheelers) – Motorised 8711; 8713

131

1809

Passenger Vehicles (2 or 3 Wheelers) – Non Motorised 8712; 8713; 8715

132

1810

Non-powered Aircraft 8801

133

1811

Aircraft, Spacecraft and parts thereof 8802 to 8803; 8805

134

1812

Parachutes & Rotochutes 8804

135

1813

Ships & Boats 8901 to 8904

136

1814

Floating Structures 8905 to 8908

137

1901

Optical Equipments 9001 to 9005; 9012 to 9013

138

1902

Photographic / Cinematographic Equipment 9006 to 9008; 9010 to 9011

139

1903

Measuring Instruments 9014 to 9017; 9023 to 9033

140

1904

Surgical / Medical Instrument 9018 to 9022

141

1905

Clocks / Watches & Parts thereof 9101 to 9114

142

1906

Musical Instruments & Parts thereof 9201 to 9202;

9205 to 9209

143

2001

Arms / Ammunition & Parts thereof 9301 to 9307

144

2101

Furniture 9401 to 9404

145

2102

Lights & Fittings 9405

146

2103

Prefabricated Buildings 9406

147

2104

Toys, games & sports Equipments 9503 to 9508

148

2105

Stationery Items 9608 to 9612

149

2106

Miscellaneous manufactured articles 9601 to 9607;

9613 to 9614;

9617 to 9618

Services Activities

1

5001

Construction of residential buildings Not Applicable

2

5002

Construction of non-residential buildings Not Applicable

3

5003

Construction of highways, roads, rails, bridges, etc. Not Applicable

4

5004

Construction of industrial & non-industrial plants, structures & facilities Not Applicable

5

5005

Laying of pipelines, communication and power lines Not Applicable

6

5006

Other construction activities not elsewhere specified Not Applicable

7

5051

Real estate development activities Not Applicable

8

5061

Architectural and engineering services Not Applicable

9

5071

Construction & real estate related services Not Applicable

10

5101

Transportation of passengers – by road Not Applicable

11

5102

Transportation of passengers – by rail Not Applicable
12

5103

Transportation of passengers – by water Not Applicable
13

5104

Transportation of passengers – by air Not Applicable
14

5111

Transportation / distribution of goods – by road Not Applicable
15

5112

Transportation / distribution of goods – by rail Not Applicable
16

5113

Transportation / distribution of goods – by water Not Applicable
17

5114

Transportation / distribution of goods – by air Not Applicable
18

5115

Transportation / distribution of goods – by pipeline Not Applicable
19

5121

Transmission / distribution of electricity Not Applicable
20

5131

Cargo and baggage handling activities Not Applicable
21

5141

Service activities incidental to transportation Not Applicable
22

5151

Storage and warehousing activities Not Applicable
23

5161

Port activities Not Applicable
24

5171

Rental services of transport vehicles Not Applicable
25

5181

Tours and travel activities Not Applicable
26

5201

Banking services Not Applicable
27

5202

Non-banking financial services Not Applicable
28

5203

Investment banking services Not Applicable
29

5204

Financial leasing services Not Applicable
30

5205

Services auxiliary to banking & financial services Not Applicable
31

5206

Leasing or rental of tangible assets Not Applicable
32

5207

Leasing of non-financial intangible assets Not Applicable
33

5211

Life insurance services Not Applicable
34

5212

Non-life insurance services Not Applicable
35

5213

Reinsurance services Not Applicable
36

5221

Pension services Not Applicable
37

5231

Brokerage and agency services Not Applicable
38

5241

Market intermediaries’ services Not Applicable
39

5301

Basic telephone services – wired and WLL Not Applicable
40

5302

Cellular mobile telephone services – wireless and WLL Not Applicable
41

5303

Internet & broadband services Not Applicable
42

5304

National long distance services Not Applicable
43

5305

International long distance services Not Applicable
44

5306

Public mobile radio trunk services Not Applicable
45

5307

Global mobile personal communication services Not Applicable
46

5308

Passive telecom infrastructure & tower facilities Not Applicable
47

5309

Cable landing stations Not Applicable
48

5321

Broadcasting and related services Not Applicable
49

5331

Performing art and entertainment services Not Applicable
50

5341

Other communication services not elsewhere specified Not Applicable
51

5351

Postal services Not Applicable
52

5361

Courier services Not Applicable
53

5401

Accounting, auditing and bookkeeping services Not Applicable
54

5402

Management consulting services Not Applicable

55

5403

Legal services Not Applicable

56

5404

HR placement & management services Not Applicable

57

5405

Business support services Not Applicable

58

5406

Research and experimental development services Not Applicable

59

5407

Other professional services Not Applicable

60

5501

Education services Not Applicable

61

5502

Human healthcare services Not Applicable

62

5503

Veterinary services Not Applicable

63

5504

Sports, amusement and recreational activities Not Applicable

64

5505

Other personal service activities Not Applicable

65

5506

Other social services Not Applicable

66

5601

Advertising services Not Applicable

67

5602

Publishing of newspapers, journals and periodicals Not Applicable

68

5603

News agency activities Not Applicable

69

5604

Book publishing Not Applicable

70

5701

Accommodation, food and beverage services Not Applicable

71

5702

Collection & waste management services Not Applicable

72

5703

Dyeing, colouring, washing and dry-cleaning services Not Applicable

73

5704

General cleaning services Not Applicable

74

5705

Installation, maintenance and repair services Not Applicable

75

5706

Investigation and security services Not Applicable

76

5707

Market research and public opinion polling Services Not Applicable

77

5708

Packaging services Not Applicable

78

5709

Photographic services Not Applicable

79

5801

Information technology (IT) and IT enabled services Not Applicable

80

5901

General public administration activities Not Applicable

81

6001

Any other service activity not elsewhere specified Not Applicable
Trading Activities

1

8001

Wholesale trade of agricultural raw materials and live animals Not Applicable

2

8002

Wholesale trade of food, beverages and tobacco [includes fruits, vegetables, dairy products, etc.] Not Applicable

3

8003

Wholesale trade of textiles, clothing and footwear Not Applicable

4

8004

Wholesale trade of household appliances, articles & equipments Not Applicable

5

8005

Wholesale trade of miscellaneous consumer goods Not Applicable

6

8006

Wholesale trade of construction materials & hardware Not Applicable

7

8007

Wholesale trade of chemical and pharmaceutical products Not Applicable

8

8008

Wholesale trade of personal care products Not Applicable

9

8009

Wholesale trade of machinery, equipment and supplies Not Applicable

10

8010

Wholesale trade of solid, liquid and gaseous fuels and related products Not Applicable

11

8011

Wholesale trade of ores, minerals, metals & articles thereof Not Applicable

12

8012

Wholesale trade of stones, pearls & precious metals Not Applicable

13

8013

Wholesale trade of other products not elsewhere specified Not Applicable

14

8201

Retail trade of agricultural raw materials and live animals Not Applicable

15

8202

Retail trade of food, beverages and tobacco [includes fruits, vegetables, dairy products, etc.] Not Applicable

16

8203

Retail trade of textiles, clothing and footwear Not Applicable

17

8204

Retail trade of household appliances, articles & equipments Not Applicable

18

8205

Retail trade of miscellaneous consumer goods Not Applicable

19

8206

Retail trade of construction materials & hardware Not Applicable

20

8207

Retail trade of chemical and pharmaceutical products Not Applicable

21

8208

Retail trade of personal care products Not Applicable

22

8209

Retail trade of machinery, equipment and supplies Not Applicable
23

8210

Retail trade of solid, liquid and gaseous fuels and related products Not Applicable
24

8211

Retail trade of ores, minerals, metals & articles thereof Not Applicable
25

8212

Retail trade of stones, pearls & precious metals Not Applicable
26

8213

Retail trade of vehicles Not Applicable
27

8214

Retail trade of other products not elsewhere specified Not Applicable
28

8215

Retail sale of any product via mail order, Internet, television, radio and telephone, etc. Not Applicable
29

8216

Retail sale of any product not in stores, stalls or markets Not Applicable

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