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TMI BlogCompanies (cost records and audit) Amendment Rules, 2019.X X X X Extracts X X X X X X X X Extracts X X X X ..... es who have already filed their Cost Audit Report in form CRA-4 for the financial year 2018-19 with the Central Government before the publication of this notification are not required to file their Cost Audit Report for the said financial year. 2. In the Companies (cost records and audit) Rules, 2014, in the Annexure,- (a) in Form CRA-1,- (i) in paragraph 7. Overheads, for sub-paragraphs (m), (q), (r) and (s), the following sub-paragraphs shall respectively be substituted, namely:- "(m) Overheads shall be classified according to functions, viz., works, administration, selling and distribution. Works overheads, also known as Production Overheads, Operation Overheads, Factory Overheads or Manufacturing Overheads, shall be the indirect c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uantitative information in respect of each goods or service under reference shall be prepared showing details of available capacity, actual production, production as per excise records, production as per GST records, capacity utilisation (in-house), stock purchased for trading, stock and other adjustments, quantity available for sale, wastage and actual sale, total quantity of outward supplies as per cost records and total outward supplies as per GST records during current financial year and previous year."; "(c) Cost statements (monthly, quarterly and annually) in respect of reconciliation of indirect taxes showing details of total clearances of goods or services, assessable value/ taxable value, duties or taxes paid, CENVAT or VAT or Se ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... product with CETA Heading separately), in point 28, for the word "Interest", the word "Finance Charges" shall be substituted; (c) in table 2B. Details of Utilities Consumed, for the word "Material", the words "Utilities Consumed" shall be substituted; (III) in Part-C,- (a) in table 1. QUANTITATIVE INFORMATION (for each service separately),- (i) in point 3, for the words "Service Tax", the words "Service Tax/ GST" shall be substituted; (ii) point 5 shall be renumbered as point 7 and before point 7, so as renumbered, and after point 4, the following points shall be inserted, namely:- "5. Other Adjustments (a) Self or Captive Consumption (b) Other Quantitative Adjustments, if any (c) Total Other Adjustments 6. Total Availabl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... / Assessable Value Excise Duty/ VAT, CST, Cess etc./ Other State Taxes, if any Goods & Services Tax CGST SGST / UTGST IGST Cess and Others Rs. Rs. Rs. Rs. Rs. Rs. Sl. No. Duties/ Taxes Payable Excise Duty 1 Domestic 2 Export 3 Stock Transfers (Net) 4 Others, if any 5 Total Excise Duty (1 to 4) 6 VAT, CST, Cess etc. 7 Other State Taxes, if any Goods & Services Tax 8 Outward Taxable Supplies (other than zero rated, Nil Rated and Exempted) 9 Outward Taxable Supplies (zero rated) 10 Inward Supplies (liable to Reverse Charge) 11 Other Outward Supplies (Nil Rated, Exempted) 12 Non-GST Outward Supplies 13 Total (8 to 12) 14 Total Duties / Taxes Payable (5 + 6 + ..... X X X X Extracts X X X X X X X X Extracts X X X X
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