Amendment in Companies (cost records and audit) Rules, 2014

MCA vide Notification dated 12th June, 2015 has made amendment in Companies (cost records and audit) Rules, 2014 by substituting form CRA-2 (Form of intimation of appointment of Cost Auditor by the Company to Central Government) and CRA-4 (Form for filing Cost Audit Report with the Central Government).

Extension in filling period

MCA vide general circular 08/2015 dated 12th June 2015 has extended the filling period of CRA-2 & CRA-4

In view of the delay in availability of revised Form CRA-2 on the MCA 21 portal, the additional fee on account of any delay beyond the prescribed period of 30 days from the date of Board Meeting, in which the appointment of the Auditor was made for filing of CRA-2 for the financial year starting on or after 1st April, 2015 is waived for all such filings till 30th June, 2015.

The revised e-Form CRA-4 has also been notified vide the above mentioned notification and will be made available on MCA-21 portal shortly. Therefore, on the similar lines mentioned in above paras, additional fees on delayed filing of form CRA- 4 beyond the prescribed period of 30 days from the date of receipt of a copy of Cost Audit Report from the Cost Auditor for the Financial Year starting on or after 1st April, 2014 is also waived for all such filings till 31st August, 2015.