Companies (cost records and audit) Amendment Rules, 2018 – MCA Notification

Companies (cost records and audit) Amendment Rules, 2018.

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)]

GOVERNMENT OF INDIA
MINISTRY OF CORPORATE AFFAIRS

NOTIFICATION

New Delhi, the 3rd December, 2018

G.S.R …………….. (E).- In exercise of the powers conferred by sub-sections (1) and (2) of section 469 and section 148 of the Companies Act,  20 13 (18 of 20 13), the Central Government hereby makes the following rules further to amend the Companies (cost records and audit) Rules, 2014, namely:-

1. (1) These rules may be called the Companies (cost records and audit) Amendment Rules, 2018.

(2) They shall come into force on the date of their publication in the official Gazette.

2. In the Companies (cost records and audit) Rules, 2014 (hereinafter referred to as the Principal Rules). in rule 3, in TABLE, under the heading (B) Non-regulated Sectors,-

(i) against No. 7 for the words “services rendered by a Port in relation to a vessel or goods regulated by the Tariff Authority for Major Ports” the words, figures and brackets “services rendered for a Port in relation to a vessel or goods regulated by the Tariff Authority for Major Ports under the Major Port Trusts Act, 1963 (38 of 1963)”, shall be substituted;

(ii) against No. 8 for the words ‘by airports’ the words ‘at the airports’ shall be substituted;

(iii) against No. 13, after the entry ‘8608’, the entry ‘8609’ shall be inserted;

(iv) against No. 19. after the entry ‘5303’, the entry ‘5307’ shall be inserted;

(v) against No. 28, for the words ‘Paper’, the words ‘Pulp and Paper’ shall  be substituted and before the entry ‘4801 to 4802’ the entry ‘470 1 to 4704’ shall be inserted;

(vi) against No. 29, after the entry ‘5303’, the entry ‘5307’ shall be inserted;

(vii) against No.  33,  in  point  no.  (xiii),  for  the  word  ‘deflobillator’  the   word ‘defibrillators’ shall be substituted;

3. in rule 6, in sub-rule (6), the following proviso shall be inserted, namely:-

“Provided that the Companies which have got extension of time of holding Annual General Meeting under section 96 (I) of the Companies Act, 2013, may file form CRA-4 within resultant extended period of filing financial statements under section 137 of the Companies Act, 2013.”.

4. In the principal rules, in Annexure,-

(i) in Form CRA-1, paragraph number 31 shall be inserted, namely:­

“31. Unit of Measurement (UOM).

The Unit of Measurement (UOM) for each Customs Tariff Act Heading, wherever applicable, shall be the same as provided for in the Customs Tariff Act, 1975 (51 of 1975) corresponding  to that particular Customs Tariff Act Heading .”:

(ii) in form CRA-3, in Note, Note (3) shall be added, namely:-

“Note (3) The Unit of Measurement (UOM) for each Customs Tariff Act Heading, wherever applicable, shall be the same as provided for in the Customs Tariff Act, 1975 (51 of  1975) corresponding to that particular Customs Tariff Act Heading.”

(F.No. l/40/2013/CL-V Part 1)

K.V. .MURTY,
Jt. Secy., Government of India

Note.- The principal rules were published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 425 (E), dated the 301h June,  2014  and amended vide number G.S.R. 0 I (E), dated the 3151 December, 2014 and vide number G.S.R. 486 (E), Dated the l21h June, 2015 and vide number G.S.R. 695 (E), dated the l41h July, 2016 and vide number G.S.R. 1498 (E), dated the 71h December,  2017 and  vide  number  G.S.R. 1526 (E). dated the 201h  December, 2017.