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ANNEXURE TO THE COST AUDIT REPORT

See rule 2(c) and rule 4

1. GENERAL.

1. (a) Name and address of the registered office of the company whose accounts are audited.

(b) Name and address of the place where the cost accounting records are maintained viz. Registered office, head office or factory.

2. Name of the product and location of the unit to which the Annexure pertains.

3. The companys financial year to which the Cost Audit Report relates.

4. Date of first commencement of commercial production of the product under reference.

5. Location of other sites manufacturing or producing or processing or mining the product or carrying out the activity under reference.

6. Name and address of the Cost Auditor.

7. Membership number of the Cost Accountant. In case of firm of Cost Accountants, name and membership number of all the partners.

8. Reference number and date of Government order under which the Audit is conducted.

9. Reference number and date of the Government letter approving the appointment of the Cost Auditor.

10.Date of Board of Directors meeting wherein the Annexure and proforma to the cost audit report were approved.

11. The number of Audit Committee meetings held by the company, and attended by the Cost Auditor during the year under reference.

12. Name, qualification and designation of the officer heading the cost accounting section or department of the company.

13. In case of loan license / job work arrangement by the company, mention the name of the third party and location of the factory, where the product has been produced / manufactured.

14. If there is any foreign technical collaboration for the product under reference, the following details shall be given.

(a) name and address of the foreign collaborators;

(b) main terms of agreement;

(c) amount of royalty, lump sum payment, technical aid fee payable and the basis of calculating the same;

(d) whether the technical collaborator has contributed to the share capital, if so, the paid up share capital so held. 15. If the company is engaged in other activities besides the manufacture of the product under reference, the following details in respect of each such product or activity shall be given;

(a) list of the products or activities;

(b) list of the products or activities for which Cost Accounting Records Rules have been prescribed under section 209(1) (d) of the Act;

(c) whether Cost Audit Order has been issued by the government in respect of any of the products or activities. If so, number and date of the order;

(16) A printed copy of the Annual Report, containing audited Profit and Loss Account, Balance Sheet and Auditors Report in respect of the companys financial year for which the report is rendered, shall be enclosed with the Cost Audit Report.

 

 

 

 

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