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:
The Cost Accounting Records(Telecommunication Industry) Rules,2011 vide G.S.R. 869(E) has superseded Cost Accounting Records (Telecommunications) Rules, 2002
The Cost Accounting Records( Sugar Industry) Rules,2011 vide G.S.R. 872(E) has superseded Cost Accounting Records (Sugar) amended Rules, 1997 and Cost Accounting Records (Industrial Alcohol) Rules, 1997
The Cost Accounting Records( Pharmaceutical Industry) Rules,2011 vide G.S.R. 874(E) has superseded Cost Accounting Records (Bulk Drugs) Rules, 1974 and Cost Accounting Records (Formulations) Rules, 1988
The Cost Accounting Records( Petroleum Industry) Rules,2011 vide G.S.R. 870(E) has superseded Cost Accounting Records (Petroleum Industry) Rules, 2002
The Cost Accounting Records( Fertilizer Industry) Rules,2011 vide G.S.R. 873(E) has superseded Cost Accounting Records (Fertilizers) Rules, 1993
The Cost Accounting Records( Electricity Industry) Rules,2011 vide G.S.R. 871(E) has superseded Cost Accounting Records (Electricity Industry) Rules, 2001
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