Clarification on matters relating to the Companies (Cost Records and Audit) Rules, 2014. - Companies Law - 42/2014

General Circular No. 42/2014 No. 1/40/2013/CL.V-Part Government of India Ministry of Corporate Affairs 5 th Floor, A Wing, Shastri Bhawan, Dr. R. P. Road, New Delhi. Dated: 12 th November, 2014 To All Regional Directors, All Registrars of Companies, All Stakeholders. Subject : Clarification on matters relating to the Companies (Cost Records and Audit) Rules, 2014. Sir, Government has received representations from stakeholders seeking clarifications about Rules 5 (1) and 6 (2) of the Companies (Cost Records and Audit) Rules, 2014 regarding maintenance of cost records and filing of notice of appointment of the Cost Auditor in Form CRA-2 in electronic mode. The matter has been examined in the Ministry and the following is clarified: Considering delay in availability of Form CRA-2 on the MCA website, it has been decided to extend the date of filing of the said Form without any penalty/late fee up to 31 st January, 2015. Form CRA-2 will be made available on the MCA website soon. It is noted that some companies have filed Form 23C for appointment of Cost Auditor for the financial year 2014-15. It is clarified that such companies need not file form CRA-2 afresh for the financial year 2014-15. 2. This issues with the approval of the Competent Authority. Yours faithfully, (Kamna Sharma) Assistant Director Copy to- 1. E-governance Section and web contents officer to place this circular on the Ministry's website. 2. Guard File