Cost accounting records for motor vehicles now extend to heavy earth moving equipments, expanding mandatory recordkeeping under the rules. The amendment inserts item (f) into rule 2 of the Cost Accounting Records (Motor Vehicles) Rules, 1997 to include Heavy Earth Moving Equipments within the rules' scope, imposing the applicable cost accounting and recordkeeping obligations on such equipment; the amendment takes effect upon publication in the Official Gazette.
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Cost accounting records for motor vehicles now extend to heavy earth moving equipments, expanding mandatory recordkeeping under the rules.
The amendment inserts item (f) into rule 2 of the Cost Accounting Records (Motor Vehicles) Rules, 1997 to include Heavy Earth Moving Equipments within the rules' scope, imposing the applicable cost accounting and recordkeeping obligations on such equipment; the amendment takes effect upon publication in the Official Gazette.
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