https://www.taxtmi.com/acts?id=20014 Cost Accounting Standard on capacity determination prescribes uniform principles for classifying and measuring installed, practical, normal, licenced, idle and excess capacity for cost ascertainment and disclosure in cost statements. It requires capacity to be determined in units of production, services or equivalent machine or man hours, with installed capacity based on technical specifications, technical evaluation, operational constraints and bottlenecks, and practical capacity adjusted for normal internal interruptions such as maintenance, shutdowns, holidays and setup time. Cost statements must present installed capacity, normal capacity, actual production and utilisation, together with specified disclosures on changes, outsourcing, low utilisation and abnormal cost. en-us Fri, 11 Sep 2015 17:23:16 +0530 Mon, 20 Apr 2026 13:10:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20014 Cost Accounting Standard on capacity determination prescribes uniform principles for classifying and measuring installed, practical, normal, licenced, idle and excess capacity for cost ascertainment and disclosure in cost statements. It requires capacity to be determined in units of production, services or equivalent machine or man hours, with installed capacity based on technical specifications, technical evaluation, operational constraints and bottlenecks, and practical capacity adjusted for normal internal interruptions such as maintenance, shutdowns, holidays and setup time. Cost statements must present installed capacity, normal capacity, actual production and utilisation, together with specified disclosures on changes, outsourcing, low utilisation and abnormal cost. Act-Rules Companies Law Fri, 11 Sep 2015 17:23:16 +0530 https://www.taxtmi.com/acts?id=20014