https://www.taxtmi.com/forms?id=1576 Form CRA-3 is the prescribed Cost Audit Report format under section 148 and rule 6(4) requiring the cost auditor to report whether necessary information was obtained; whether proper cost records and branch returns were maintained; whether records comply with the Act; whether an adequate internal audit system for cost records exists; and whether annexed cost statements present a true and fair view of cost of production, cost of sales and margin. The auditor must state if detailed unit and product/service wise cost statements are maintained and provide observations and suggestions; material deficiencies or qualifications must be indicated against relevant report paragraphs and based on verified data. en-us Tue, 23 Apr 2019 12:20:00 +0530 Sat, 07 Feb 2026 10:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forms?id=1576 Form CRA-3 is the prescribed Cost Audit Report format under section 148 and rule 6(4) requiring the cost auditor to report whether necessary information was obtained; whether proper cost records and branch returns were maintained; whether records comply with the Act; whether an adequate internal audit system for cost records exists; and whether annexed cost statements present a true and fair view of cost of production, cost of sales and margin. The auditor must state if detailed unit and product/service wise cost statements are maintained and provide observations and suggestions; material deficiencies or qualifications must be indicated against relevant report paragraphs and based on verified data. Forms Companies Law Tue, 23 Apr 2019 12:20:00 +0530 https://www.taxtmi.com/forms?id=1576