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    <title>The Cost Accounting Records (Sugar Industry) Rules, 2011</title>
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    <description>The rules require companies engaged in sugar activities that meet specified financial or listing thresholds to maintain prescribed cost records and prepare cost statements using Proformae A-I, reconcile these with audited financial statements, retain them for prescribed periods, and submit an electronic compliance report with annexure certified by a cost accountant and approved by the board within the stipulated time; compliance must follow generally accepted cost accounting principles and Institute standards, and penalties attach for defaults.</description>
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      <description>The rules require companies engaged in sugar activities that meet specified financial or listing thresholds to maintain prescribed cost records and prepare cost statements using Proformae A-I, reconcile these with audited financial statements, retain them for prescribed periods, and submit an electronic compliance report with annexure certified by a cost accountant and approved by the board within the stipulated time; compliance must follow generally accepted cost accounting principles and Institute standards, and penalties attach for defaults.</description>
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