Cost accounting records expanded to include additional engineering subsectors, extending compliance obligations under Companies Act. Amends the Cost Accounting Records (Engineering Industries) Rules, 1984 by inserting four appendix entries-all types of automotive parts and accessories; power transformers; electric generators; and machine tools-expanding the categories required to maintain cost accounting records. Issued under powers conferred by section 642 read with clause (d) of section 209 of the Companies Act, 1956, and effective on publication in the Official Gazette.
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Cost accounting records expanded to include additional engineering subsectors, extending compliance obligations under Companies Act.
Amends the Cost Accounting Records (Engineering Industries) Rules, 1984 by inserting four appendix entries-all types of automotive parts and accessories; power transformers; electric generators; and machine tools-expanding the categories required to maintain cost accounting records. Issued under powers conferred by section 642 read with clause (d) of section 209 of the Companies Act, 1956, and effective on publication in the Official Gazette.
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