14 December 2011

Cost Accounting Records Rules,2011

Notifications  prescribing Cost Accounting Records Rules, 2011 for different industries

 

MCA has vide Notifications G.S.R. 869(E), G.S.R.872(E), G.S.R.874(E), G.S.R. 870(E), G.S.R.873(E) and  G.S.R. 871(E) dated 7.12.2011, notified Cost Accounting Records Rules, 2011 for  6 different industries.  The Rules require the stated industries to keep cost records and books of account, and the books of accounts so maintained to contain specified particulars mentioned in the Schedule annexed to the respective rules. The Rules also prescribe the form of Compliance Report and the form for filing the  Report (duly authenticated and signed by a cost accountant) and other documents with the Central Government in electronic mode.

 The notified Rules are mentioned as follows:

1.       The Cost Accounting Records(Telecommunication Industry) Rules,2011 vide G.S.R. 869(E) has superseded Cost Accounting Records (Telecommunications) Rules, 2002

2.       The Cost Accounting Records( Sugar Industry) Rules,2011 vide G.S.R. 872(E) has superseded Cost Accounting Records (Sugar) amended Rules, 1997 and Cost Accounting Records (Industrial Alcohol) Rules, 1997

3.       The Cost Accounting Records( Pharmaceutical Industry) Rules,2011 vide G.S.R. 874(E) has superseded Cost Accounting Records (Bulk Drugs) Rules, 1974 and Cost Accounting Records (Formulations) Rules, 1988

4.       The Cost Accounting Records( Petroleum Industry) Rules,2011 vide G.S.R. 870(E) has superseded  Cost Accounting Records (Petroleum Industry) Rules, 2002

5.       The Cost Accounting Records( Fertilizer Industry) Rules,2011 vide G.S.R. 873(E) has superseded  Cost Accounting Records (Fertilizers) Rules, 1993

6.       The Cost Accounting Records( Electricity Industry) Rules,2011 vide G.S.R. 871(E) has superseded  Cost Accounting Records (Electricity Industry) Rules, 2001

 



--
Best Wishes

CA. V.M.V.SUBBA RAO
Chartered Accountant
Door No.24-2-1885,
I Floor, Flat No.5,
Siddivinayaka Residency, I Cross,
Central Avenue, MSR Nagar,
Magunta Layout,
Nellore-524 003
Andhra Pradesh
India
Mobile:+91 - 0 9390221100
           +91 - 0 9440278412
e-Mail: vmvsr@rediffmail.com
           vmvsr@yahoo.co.uk
http://pdicai.org/MyPage/203038.aspx

33 comments:

  1. Its an awesome post and you had shared a very good information I will surely bookmark your page to share this information about accounting
    with my various clients.

    ReplyDelete
    Replies
    1. Thanks for sharing excellent information. Your site is so cool. I’m impressed by the details that you have on this blog. It reveals how nicely you perceive this subject. Bookmarked this web page, will come back for more articles.


      Delete
  2. Herbal life

    This Blog have very clearly and deep knowledge about the site.So it is very helpfull for me to create a new site.

    ReplyDelete
  3. BioSpan
    This Blog have very clearly and deep knowledge about the site.So it is very helpfull for me to create a new site.

    ReplyDelete
  4. Harrods skin cream

    This blog is very good, it providing selected information about the site so it is helpful for me.

    ReplyDelete
    Replies
    1. Great thoughts,I like your writing skills. Please share more information with all of us.
      Electric scooter

      Delete
  5. Functional food raw materials
    This is a very nice blog.We get good information from your blog.

    ReplyDelete
  6. This comment has been removed by the author.

    ReplyDelete
  7. Teaching international

    I'm impressed. You're truly well informed and very brilliant. You wrote something that people could comprehend and made the subject Bewitching for everybody. I'm saving this for future use.

    ReplyDelete
    Replies
    1. Danny Odato

      Nice post it is very useful for me. I admire the valuable advice you make available in your expertly written content.

      Delete
  8. I am very happy when read this blog post because blog post written in good manner and write on good topic. Thanks for sharing valuable information…….

    ReplyDelete
    Replies
    1. Cheap cell phone accessories

      Greetings! Very useful information in this particular article! This is the kind of info that are supposed to be shared around the web. Many thanks for sharing!

      Delete
  9. I’ve been browsing online from more time, yet I never found any interesting article like yours. It is pretty worth enough for me. In my view, if all webmasters and bloggers made good content blog and article as you did, the internet will be much more useful than ever before.

    ReplyDelete
    Replies
    1. Thank you for sharing This knowledge.Excellently written article. Inspired and I thank you for your message.Please keep it up!

      Vibration Exercise Machines

      VibraWav is the largest distributor of Vibration Exercise Machine including Vibrating Exercise Machines, Vibration Exercise Machines, and Vibration Exercise Equipment of the newest technology in vibration health.

      Delete
  10. Really Wonder full, written in good manner and nice words use in blog post. Thanks for sharing valuable information…………….

    ReplyDelete
  11. Nice and effective post provide by author's. I like this blog post……

    ReplyDelete
  12. This blog post written on a good and interested point…………

    ReplyDelete
  13. Mobile phone jammer
    Hi,
    I found your blog post and like it. I'm impressed.You're truly well informed and brilliant.I appreciate your effort to write this great blog.I think this blog provides informative information . Thanks for sharing such a nice blog post.

    ReplyDelete
  14. Gps jammer
    This is the Blog which is really appreciable. You did a great job by sharing this valuable and helpful information with us.Excellent work that’s not really much coming from an amateur publisher like me, but it’s all I could think after enjoying your posts.

    ReplyDelete
  15. This blog have good information and useful points. Great work please keep it up. It is useful for all of us.Thanks.

    ReplyDelete
  16. Hey there! This is my first visit to your blog! We are a team of volunteers and starting a new initiative in a community in the same niche. Your blog provided us valuable information to work on.

    ReplyDelete
  17. I’ve been browsing online from more time, yet I never
    found any interesting article like yours. It is pretty worth enough for me.

    In my view, if all webmasters and bloggers made good content blog and article as you did,
    the internet will be much more useful than ever before. Signal Jammer

    ReplyDelete
  18. Bullet Sex Toy Vibrator
    i really enjoy to read your blog and will be waiting for your next update.I appreciate all the work you put into this site, helping out others with your fun and creative works.

    ReplyDelete
  19. Thank you for sharing This knowledge.Excellently written article. Inspired and I thank you for your message.Please keep it up!

    ReplyDelete
  20. This blog post is awesome post and written in good manner. We get good information from your blog . Thanks for sharing information……………………

    ReplyDelete
  21. Hi, Good post. thanks for writing. I will definitely be coming back to your site. Keep up the good work

    ReplyDelete
  22. Thanks for this great instruction that how to post our resume on top job sites....

    ReplyDelete
  23. This is very well written up article.I really appreciate it.I feel like in constantly thinking and nothing at all takes my mind away.

    ReplyDelete
  24. This is very well written up article. I really appreciate it. I feel like in constantly thinking and nothing at all takes my mind away.

    ReplyDelete
  25. Lots of great, thank you so much for the informative article share with us, In fact your creative writing ability has inspired me. Really the article is spreading its wings rapidly.

    ReplyDelete
  26. I am not completely agree with your few points, but you absolutely have a unique outlook. I like the word used in these Blog Post. Thanks …………..

    ReplyDelete
  27. I am really amazed to know these facts which are really very important to consider while changing our carrier. I very much agree with your suggestions.

    EMR Software

    ReplyDelete
  28. its an awesome blog post. I will surely bookmark your this page. Thanks for sharing valuable information…………………………………………

    ReplyDelete

What do you think about this? Please write your comment.

Empanel as Concurrent Auditors

BANK OF MAHARASHTRA invites online applications from practicing firms of Chartered Accountants, in the prescribed format, who are willing to...