Section 642, read with section 610B of the Companies Act, 1956 – Power of central government to make rules – Constitution of Product or Activity Groups for Cost Audit Reporting and Compliance

Notification No. S.O. 1747(E), dated 7-8-2012

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 or Activity Groups as given in the Annexure enclosed.

2. Pursuant to the above, all companies shall use the Product or Activity 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, namely:-

(a)  The Companies (Cost Accounting Records) Rules, 2011 notified vide GSR 429(E), dated the 3rd June, 2011;

(b)  The Companies (Cost Audit Report) Rules, 2011 notified vide GSR 430(E), dated the 3rd June, 2011;

(c)  The Cost Accounting Records (Telecommunication Industry) Rules, 2011 notified vide GSR 869(E), dated the 7th December, 2011;

(d)  The Cost Accounting Records (Petroleum Industry) Rules, 2011 notified vide GSR 870(E), dated the 7th December, 2011;

(e)  The Cost Accounting Records (Electricity Industry) Rules, 2011 notified vide GSR 871(E), dated the 7th December, 2011;

(f)  The Cost Accounting Records (Sugar Industry) Rules, 2011 notified vide GSR 872(E), dated the 7th December, 2011;

(g)  The Cost Accounting Records (Fertilizer Industry) Rules, 2011 notified vide GSR 873(E), dated the 7th December, 2011;

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

3. The Product or Activity 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).

ANNEXURE

Serial Number Product or Activity Group Code Name of the Product or Activity Group Central Excise Tariff Act (CETA) Chapter Headings covered in the Product or Activity Group
1 1001 Livestock 0101 to 0106
2 1002 Meat and Meat Products 0201 to 0210; 0410; 1601 to 1603
3 1003 Marine Products 0301 to 0307; 1604 to 1605
4 1004 Milk and Milk Products 0401 to 0406
5 1005 Poultry and Related Products 0407 to 0408
6 1006 Bee Products 0409
7 1007 Human Hair and 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 and Nuts 0801 to 0814
12 1012 Coffee and Coffee Products (incl. 210111) 0901
13 1013 Tea and Tea Products (incl. 210120) 0902
14 1014 Spices – processed or unprocessed 0903 to 0910
15 1015 Cereals, Flour and Product of Cereals 1001 to 1008; 1101 to 1109
16 1016 Oil Seeds and Products of Oil Seeds 1201 to 1208
17 1017 Other Seeds and Plants 1209 to 1214
18 1018 Vegetable Saps or Products 1301 to 1302; 1401; 1404
19 1019 Animal or Vegetable Fats and Oils 1501 to 1518; 1520 to 1522
20 1020 Sugar and Sugar Products 1701 to 1702
21 1021 Molasses 1703
22 1022 Sugar Confectionery or 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 and Aerated Drinks 2201 to 2202
26 1026 Alcoholic Beverages 2203 to 2206; 2208
27 1027 Ethyl Alcohol and other Spirits 2207
28 1028 Vinegar 2209
29 1029 Food Residues or Prepared Animal Feed 2301 to 2309
30 1030 Unmanufactured and Manufactured Tobacco 2401; 2403
31 1031 Tobacco Products 2402
32 2001 Mineral Products 2502 to 2522; 2524 to 2526; 2528 to 2530; 2601 to 2621
33 2002 Cement 2523
34 2003 Mineral Fuels (other than Petroleum) 2701 to 2708
35 2004 Petroleum Oils – Crude 2709
36 2005 Petroleum Oils – Refined 2710
37 2006 Petroleum Gases and other Gaseous Hydrocarbons 2711
38 2007 Other Petroleum Products 2712 to 2715
39 2008 Electrical Energy 2716
40 2009 Chemical Elements 2801 to 2805
41 2010 Inorganic Chemicals and their Derivatives 2806 to 2837; 2839 to 2850; 2852 to 2853
42 2011 Organic Chemicals and their Derivatives (excluding Bulk Drugs) 2901 to 2942
43 2012 Bulk Drugs 2901 to 2942
44 2013 Albuminoidal Substances, Starches, Glues and Enzymes 3501 to 3507
45 2014 Miscellaneous Chemical Products 3801 to 3807; 3809 to 3825
46 2015 Pharmaceutical Products 3001 to 3006
47 2016 Animal or Vegetable Fertilizers 3101
48 2017 Mineral or Chemical Fertilizers -Nitrogenous 3102
49 2018 Mineral or Chemical Fertilizers -Phosphatic 3103
50 2019 Mineral or Chemical Fertilizers -Potassic 3104
51 2020 Mineral or Chemical Fertilizers -Others 3105
52 2021 Tanning Substances 3201 to 3202
53 2022 Colours, Dyes and Pigments 3203 to 3207; 3212
54 2023 Paints and Varnishes 3208 to 3211
55 2024 Inks and Colours 3213; 3215
56 2025 Plasters and Fillers 3214
57 2026 Essential Oils 3301 to 3302
58 2027 Personal Care Products 3303 to 3307; 8212; 9615 to 9616
59 2028 Soaps, Detergents and Cleaning Agents 3401 to 3402
60 2029 Lubricating Preparations 3403
61 2030 Waxes and Wax Products 3404 to 3407
62 2031 Explosives 3601 to 3603
63 2032 Fireworks, Matches and Combustible Materials 3604 to 3606
64 2033 Photographic and Cinematographic Goods 3701 to 3707
65 2034 Insecticides 3808
66 2035 Chemicals – Plastics and Polymers 3901 to 3915
67 2036 Articles of Plastics and Polymers 3916 to 3926
68 2037 Rubber and Rubber Products 4001 to 4010; 4014 to 4017
69 2038 Rubber Tyres and Tubes 4011 to 4013
70 3001 Raw Hides, Skins and Leather 4101 to 4107; 4112 to 4115
71 3002 Leather Products 4201 to 4203; 4205 to 4206
72 3003 Furskins and Fur Products 4301 to 4304
73 3004 Wood and Wood Products 4401 to 4421
74 3005 Cork and Cork Products 4501 to 4504
75 3006 Straw and Plaiting materials 4601 to 4602
76 3007 Pulp of Wood and other substances 4701 to 4707
77 3008 Newsprint 4801
78 3009 Paper and Paperboard 4802 to 4813
79 3010 Articles of Paper and Paperboard 4814; 4816 to 4823
80 3011 Printing and Publishing 4901 to 4911
81 3012 Silk 5001 to 5003
82 3013 Silk Yarn 5004 to 5006
83 3014 Silk Fabrics 5007
84 3015 Wool 5101 to 5105
85 3016 Wool Yarn 5106 to 5110
86 3017 Wool Fabrics 5111 to 5113
87 3018 Cotton 5201 to 5203
88 3019 Sewing Thread 5204; 5401
89 3020 Cotton Yarn 5205 to 5207
90 3021 Cotton Fabrics 5208 to 5212
91 3022 Other Textile Yarns or Fibers 5301 to 5303; 5305 to 5308
92 3023 Other Textile Fabrics 5309 to 5311
93 3024 Synthetic Yarns or Fibers 5402 to 5406; 5501 to 5511; 5601 to 5609
94 3025 Synthetic Fabrics 5407 to 5408; 5512 to 5516
95 3026 Carpets and textile floor coverings 5701 to 5705
96 3027 Other Textile Fabrics or Products 5801 to 5811; 5901 to 5911; 6301; 6305 to 6310
97 3028 Knitted or Crocheted Fabrics 6001 to 6006
98 3029 Apparel and Clothing 6101 to 6117; 6201 to 6217
99 3030 Furnishings 6302 to 6304
100 3031 Footwear and Parts thereof 6401 to 6406
101 3032 Headgear and Parts thereof 6501 to 6502; 6504 to 6507
102 3033 Umbrellas, Sticks etc. 6601 to 6603
103 3034 Articles of Skins and other parts of birds 6701
104 3035 Artificial Flowers and Fruits 6702
105 3036 Articles of Stones, Plaster, Cement, Asbestos and Mica 6801 to 6815
106 3037 Ceramic Products 6901 to 6914
107 3038 Glass and Glass Products 7001 to 7011; 7013 to 7020
108 3039 Pearls, Diamonds, Stones and Jewellery Articles 7101 to 7118
109 4001 Primary Ferrous Materials 7201 to 7205
110 4002 Iron and Non-Alloy Steel 7206 to 7217
111 4003 Stainless Steel 7218 to 7223
112 4004 Other Alloy or Non-Alloy Steel 7224 to 7229
113 4005 Steel Products 7301 to 7326
114 4006 Copper and Copper Products 7401 to 7413; 7415; 7418 to 7419
115 4007 Nickel and Nickel Products 7501 to 7508
116 4008 Aluminium and Aluminium Products 7601 to 7616
117 4009 Lead and Lead Products 7801 to 7802; 7804; 7806
118 4010 Zinc and Zinc Products 7901 to 7905; 7907
119 4011 Tin and Tin Products 8001 to 8003; 8007
120 4012 Other Base Metals and their Products 8101 to 8113; 8301 to 8311
121 4013 Hand Tools 8201 to 8211; 8213 to 8215
122 4014 Nuclear Reactors and Accessories 8401
123 4015 Boilers and Accessories 8402 to 8404
124 4016 Engines or Motors and parts thereof 8405 to 8412
125 4017 Machinery and Mechanical appliances 8413 to 8484; 8486 to 8487
126 4018 Electric Motors, Generators, Transformers and Parts thereof 8501 to 8505
127 4019 Batteries and Accumulators 8506 to 8507
128 4020 Electrical and Electronic Equipments or Appliances 8508 to 8519; 8521 to 8523; 8525 to 8548
129 4021 Railway Rolling Stock 8601 to 8606
130 4022 Parts of Railway Rolling Stock 8607
131 4023 Railway Track Fixtures and Fittings 8608
132 4024 Containers 8609
133 4025 Commercial Vehicles (3 or more wheels) 8701; 8704 to 8707; 8709; 8716
134 4026 Passenger Vehicles (4 or more wheels) 8702 to 8703
135 4027 Parts and Accessories of Vehicles 8708; 8714
136 4028 Tanks and Armoured Vehicles and parts thereof 8710
137 4029 Passenger Vehicles (2 and 3 Wheelers) – Motorised 8711; 8713
138 4030 Passenger Vehicles (2 or 3 Wheelers) – Non Motorised 8712; 8713; 8715
139 4031 Non-powered Aircraft and parts thereof 8801; 8803
140 4032 Aircraft, Spacecraft and parts thereof 8802 to 8803; 8805
141 4033 Parachutes and Rotochutes 8804
142 4034 Ships and Boats 8901 to 8904
143 4035 Floating Structures 8905 to 8908
144 4036 Optical Equipments and parts thereof 9001 to 9005; 9012 to 9013; 9033
145 4037 Photographic or Cinematographic Equipment and parts thereof 9006 to 9008; 9010 to 9011; 9033
146 4038 Measuring Instruments and parts thereof 9014 to 9017; 9023 to 9033
147 4039 Surgical or Medical Instrument and parts thereof 9018 to 9022; 9033
148 4040 Clocks or Watches and Parts thereof 9101 to 9114
149 4041 Musical Instruments and Parts thereof 9201 to 9202; 9205 to 9209
150 4042 Arms or Ammunition and Parts thereof 9301 to 9307
151 4043 Medical or Vehicular or other Furniture and Mattress and parts thereof 9401 to 9404
152 4044 Lights and Fittings 9405
153 4045 Prefabricated Buildings 9406
154 4046 Toys, games and sports Equipments 9503 to 9508
155 4047 Stationery Items 9608 to 9612
156 4048 Miscellaneous manufactured articles 9601 to 9607; 9613 to 9614; 9617 to 9618
157 4100 Ancillary products or activities not elsewhere specified As Applicable
158 5001 Construction of residential buildings Not Applicable
159 5002 Construction of non-residential buildings Not Applicable
160 5003 Construction of highways, roads, rails, bridges, etc. Not Applicable
161 5004 Construction of industrial and non-industrial plants, structures and facilities Not Applicable
162 5005 Laying of pipelines, communication and power lines Not Applicable
163 5006 Other construction activities not elsewhere specified Not Applicable
164 5051 Real estate development activities Not Applicable
165 5061 Architectural and engineering services Not Applicable
166 5071 Construction and real estate related services Not Applicable
167 5101 Basic telephone services – wired and WLL Not Applicable
168 5102 Cellular mobile telephone services -wireless and WLL Not Applicable
169 5103 Internet and broadband services Not Applicable
170 5104 National long distance services Not Applicable
171 5105 International long distance services Not Applicable
172 5106 Public mobile radio trunk services Not Applicable
173 5107 Global mobile personal communication services Not Applicable
174 5108 Passive telecom infrastructure and tower facilities Not Applicable
175 5109 Cable landing stations Not Applicable
176 5121 Broadcasting and related services Not Applicable
177 5131 Performing art and entertainment services Not Applicable
178 5141 Other communication services not elsewhere specified Not Applicable
179 5201 Publishing of newspapers, journals and periodicals Not Applicable
180 5202 Book publishing Not Applicable
181 5203 Advertising services Not Applicable
182 5204 News agency activities Not Applicable
183 5301 Transportation of passengers – by road Not Applicable
184 5302 Transportation of passengers – by rail Not Applicable
185 5303 Transportation of passengers – by water Not Applicable
186 5304 Transportation of passengers – by air Not Applicable
187 5401 Transportation or distribution of goods – by road Not Applicable
188 5402 Transportation or distribution of goods – by rail Not Applicable
189 5403 Transportation or distribution of goods – by water Not Applicable
190 5404 Transportation or distribution of goods – by air Not Applicable
191 5405 Transportation or distribution of goods – by pipeline Not Applicable
192 5406 Transmission or distribution of electricity Not Applicable
193 5411 Cargo and baggage handling activities Not Applicable
194 5421 Service activities incidental to transportation Not Applicable
195 5431 Storage and warehousing activities Not Applicable
196 5441 Port activities Not Applicable
197 5451 Rental services of transport vehicles Not Applicable
198 5461 Tours and travel activities Not Applicable
199 6001 Banking services Not Applicable
200 6002 Non-banking financial services Not Applicable
201 6003 Investment banking services Not Applicable
202 6004 Financial leasing services Not Applicable
203 6005 Services auxiliary to banking and financial services Not Applicable
204 6006 Leasing or rental of tangible assets Not Applicable
205 6007 Leasing of non-financial intangible assets Not Applicable
206 6101 Life insurance services Not Applicable
207 6102 Non-life insurance services Not Applicable
208 6103 Reinsurance services Not Applicable
209 6104 Pension services Not Applicable
210 6201 Brokerage and agency services Not Applicable
211 6202 Market intermediaries’ services Not Applicable
212 6301 Postal services Not Applicable
213 6302 Courier services Not Applicable
214 6401 Accounting, auditing and bookkeeping services Not Applicable
215 6402 Management consulting services Not Applicable
216 6403 Legal services Not Applicable
217 6404 Human Resource placement and management services Not Applicable
218 6405 Business support services Not Applicable
219 6406 Research and experimental development services Not Applicable
220 6407 Other professional services Not Applicable
221 6501 Education services Not Applicable
222 6502 Human healthcare services Not Applicable
223 6503 Veterinary services Not Applicable
224 6504 Sports, amusement and recreational activities Not Applicable
225 6505 Other personal service activities Not Applicable
226 6506 Other social services Not Applicable
227 6601 Accommodation, food and beverage services Not Applicable
228 6701 Collection and waste management activities Not Applicable
229 6702 Dyeing, colouring, washing and dry-cleaning services Not Applicable
230 6703 General cleaning services Not Applicable
231 6704 Installation, maintenance and repair services Not Applicable
232 6705 Investigation and security services Not Applicable
233 6706 Market research and public opinion polling services Not Applicable
234 6707 Packaging activities Not Applicable
235 6708 Photographic services Not Applicable
236 6801 Information technology (IT) and IT enabled services Not Applicable
237 6901 General public administration services Not Applicable
238 7001 Any other service activity not elsewhere specified Not Applicable
239 8001 Wholesale trade of agricultural raw materials and live animals Not Applicable
240 8002 Wholesale trade of food, beverages and tobacco [includes fruits, vegetables, dairy products, etc.] Not Applicable
241 8003 Wholesale trade of textiles, clothing and footwear Not Applicable
242 8004 Wholesale trade of household appliances, articles and equipments Not Applicable
243 8005 Wholesale trade of miscellaneous consumer goods Not Applicable
244 8006 Wholesale trade of construction materials and hardware Not Applicable
245 8007 Wholesale trade of chemical and pharmaceutical products Not Applicable
246 8008 Wholesale trade of personal care products Not Applicable
247 8009 Wholesale trade of machinery, equipment and supplies Not Applicable
248 8010 Wholesale trade of solid, liquid and gaseous fuels and related products Not Applicable
249 8011 Wholesale trade of ores, minerals, metals and articles thereof Not Applicable
250 8012 Wholesale trade of stones, pearls and precious metals Not Applicable
251 8013 Wholesale trade of other products not elsewhere specified Not Applicable
252 9001 Retail trade of agricultural raw materials and live animals Not Applicable
253 9002 Retail trade of food, beverages and tobacco [includes fruits, vegetables, dairy products, etc.] Not Applicable
254 9003 Retail trade of textiles, clothing and footwear Not Applicable
255 9004 Retail trade of household appliances, articles and equipments Not Applicable
256 9005 Retail trade of miscellaneous consumer goods Not Applicable
257 9006 Retail trade of construction materials and hardware Not Applicable
258 9007 Retail trade of chemical and pharmaceutical products Not Applicable
259 9008 Retail trade of personal care products Not Applicable
260 9009 Retail trade of machinery, equipment and supplies Not Applicable
261 9010 Retail trade of solid, liquid and gaseous fuels and related products Not Applicable
262 9011 Retail trade of ores, minerals, metals and articles thereof Not Applicable
263 9012 Retail trade of stones, pearls and precious metals Not Applicable
264 9013 Retail trade of vehicles Not Applicable
265 9014 Retail trade of other products not elsewhere specified Not Applicable
266 9015 Retail sale of any product via mail order, Internet, television, radio and telephone, etc. Not Applicable
267 9016 Retail sale of any product not in stores, stalls or markets Not Applicable

NOTES:

1.  The Product or Activity Group classification do not have any correlation with the industry name mentioned in the Cost Audit Orders issued by the Central Government under section 233B of the Companies Act, 1956.

2.  In case of any Product or Activity Group where multiple units of measurement are in use for the products or activities covered therein, then the relevant Product or Activity Group shall be repeated against each unit of measurement separately.

3.  Wherever same Central Excise Tariff Act (CETA) Chapter Headings have been shown against two or more Product or Activity Groups, the actual details shall be shown against the most appropriate Product or Activity Group.

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0 responses to “‘Product/Activity Group Codes’ for Cost Audit Reporting and Compliance”

  1. prakash says:

    if product cover under central excise tariff heading under 1209 to 1214 then cost accounting compliance / cost record maintenance applicable or not ?

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