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TMI BlogCost Audit Order.X X X X Extracts X X X X X X X X Extracts X X X X ..... the Companies (Cost Accounting Records) Rules, 2011 published vide G.S.R. 429(E), dated 3rd June, 2011 and in modification of the earlier Order of even number, dated 3rd May, 2011, the Central Government hereby makes the following Order: In exercise of the powers conferred by sub-section (1) of section 233B of the Companies Act, 1956 (1 of 1956), the Central Government, being of the opi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pril, 2011, audited by a cost auditor who shall be, either a cost accountant or a firm of cost accountants, holding valid certificate of practice under the provisions of Cost and Works Accountants Act, 1959 (23 of 1959). S.No. Name of the Industry Relevant Chapter Heading of the Central Excise Tariff Act, 1985 1. Cement Chapters 25, 38 and 68 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hese orders apply shall follow the revised procedure for appointment of cost auditor as laid down vide Ministry of Corporate Affairs' General Circular No. 15/2011 [52/5/CAB-2011], dated 11th April, 2011. For companies covered first time under these modified orders and wherein their financial year has already commenced between the 1st day of April, 2011 and the date of these orders, the period ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed by any or all of the Cost Accounting Records Rules as they existed before their supersession by the Companies (Cost Accounting Records) Rules, 2011 published vide G.S.R. 429(E), dated 3rd June, 2011 shall continue to comply with the said orders until these orders become applicable on them. 6. If a company contravenes any provisions of these orders, the company and every officer thereo ..... X X X X Extracts X X X X X X X X Extracts X X X X
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