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Cost Audit Notifications

Latest Articles


Clarification on Appointment of Cost Auditor & Applicability of Cost Audit

Company Law : Ministry of Corporate Affairs vide General Circular No. 36/2012 dated 6th November 2012, clarified some of the issues relating to ...

December 4, 2012 2351 Views 0 comment Print

Mandatory- Cost Compliance- Cost Audit

Corporate Law : Since 2nd May 2011 to 6th November 2012, Costing Profession of CMA passes through Sea Level changes; desired destination of the Ce...

November 17, 2012 3983 Views 1 comment Print

Challenges in Finalization of Accounts for the year 2011-12 post new Cost Accounting Records Rules

CA, CS, CMA : Ministry of Corporate Affairs has done a remarkable job for the industry by issuing notifications with regard to Common Cost Accou...

September 6, 2012 1727 Views 0 comment Print

Penalties for Non Compliance with Appointment of Cost Auditor

Company Law : The period of August and September is normally very busy for the accounting as the finalisation of accounts is done by maximum com...

September 3, 2012 11717 Views 0 comment Print

Maintance of Cost Accounting Records & Compliance Certificate

Income Tax : As per notification issued by Ministry of Corporate Affairs, dated 3rd June, 2011; The Companies (Cost Accounting Records), Rules ...

August 24, 2012 8608 Views 0 comment Print


Latest News


Summary of changes as per Draft Companies (Cost Records and Audit) Amendment Rules, 2017

Company Law : Pursuant to implementation of IndAS, the Companies (Cost Records and Audit) Rules, 2014 are to be amended to bring parity between ...

August 13, 2017 2220 Views 0 comment Print

Draft Companies (cost records and audit) Amendment Rules, 2017

Company Law : 1. Material Costs-(a) Proper records shall be maintained showing separately all receipts, issues and balances both in quantities a...

August 13, 2017 2319 Views 0 comment Print

Cost audit fee & Limit on number of compliance reports

CA, CS, CMA : Ministry of Corporate Affairs, Cost Audit Branch, invites comments/ suggestions on regulating Cost Audit Fee and fixing limit on t...

November 7, 2012 1069 Views 0 comment Print

Stopping of Form I- Cost Audit Report and Form A- Compliance Report

CA, CS, CMA : It has been decided by the Ministry of Corporate Affairs to mandate the cost auditors and the companies to file Cost Audit Reports...

May 15, 2012 703 Views 0 comment Print


Latest Notifications


Extension of Last Date of Filing Cost Audit Report for FY 2019-20

Company Law : It has been decided that if cost audit report for the financial year 2019-20 by the cost auditor to the Board of Directors of the ...

September 10, 2020 8691 Views 0 comment Print

Last date of filing of CRA-4 (cost audit report) extended to 29.02.2020

Company Law : General Circular No. 17/2019- Last date of filing of CRA-4 (cost audit report) for all eligible companies for the Financial Year 2...

December 30, 2019 3021 Views 0 comment Print

Companies (cost records and audit) Amendment Rules, 2019

Company Law : The companies who have already filed their Cost Audit Report in form CRA-4 for the financial year 2018-19 with the Central Governm...

October 15, 2019 20226 Views 1 comment Print

CRA-4 (Cost Audit Report in XBRL format) filing date extended

Company Law : It has been decided to relax the additional fees payable by companies on CRA-4 (Cost Audit Report in XBRL format) upto 31.12.2018...

December 10, 2018 3636 Views 2 comments Print

Companies (cost records and audit) Amendment Rules, 2018

Company Law : MCA notifies Companies (cost records and audit) Amendment Rules, 2018 to further amend Companies (cost records and audit) Rules, 2...

December 3, 2018 8430 Views 0 comment Print


Cost Audit Order for Bulk Drugs, Fertilizers, Sugar, Petroleum, Electricity, Telecom, Alcohol and Petroleum Industry

May 2, 2011 840 Views 0 comment Print

F. NO. 52/26/CAB-2010; Cost Audit made Applicable for the companies in Bulk Drugs, Fertilizers, Sugar, Petroleum, Electricity, Telecom, Alcohol and Petroleum Industry if aggregate value of net worth as on the last date of the immediately preceding financial year exceeds five crores of rupees; or wherein the aggregate value of the turnover made by the company from sale or supply of all products or activities during the immediately preceding financial year exceeds twenty crores of rupees ; or wherein the company’s equity or debt securities are listed or are in the process of listing on any stock exchange,whether in India or outside India

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