MCA vide its General Circular 29/2020 dated September 10, 2020 has granted relaxation in respect to filing CRA-4
a2 Months Extension for Furnishing of CRA-3 : As per Rule 6(5) of Companies (Cost Record and Audit) Rules, 2014 “Every cost auditor shall forward his duly signed report to the Board of Directors of the company within a period of one hundred and eighty days from the closure of the financial year (i.e 30th September 2020) to which the report relates and the Board of Directors shall consider and examine such report, particularly any reservation or qualification contained therein.”
However the said Notification provides that Cost Audit Report for the Financial Year 2019-2020 by Cost Auditor to Board of Directors by 30th November 2020 shall not be considered as violation under Rule 6(5) of Companies (Cost Record and Audit) Rules, 2014 (i.e an additional period of 2 months is provided to the Cost Auditor for furnishing CRA-3 for F.Y 2019-20 keeping in view the Pandemic Situation.)
Accordingly e-form CRA-4 is to be filed within 30 days from receipt of CRA-3.
Note: Companies which have got extension of time of holding Annual General Meeting under section 96 (1) of the Companies Act, 2013, may file form CRA-4 within resultant extended period of filing financial statements under section 137 of the Companies Act, 2013.