TaxTMI 
TaxTMI 
FORM OF COMPLIANCE REPORT
X X X X Extracts X X X X
X X X X Extracts X X X X
.... purpose of this compliance report. 2 In my or our opinion, proper cost records, as per the Cost Accounting Records (Pharmaceutical Industry) Rules, 2011 prescribed under clause (d) of sub‐section (1) of section 209 of the Companies Act, 1956, have or have not been maintained by the company so as to give a true and fair view of the cost of production or operation, cost of sales and margin of all the products and activities of the company. 3 Detailed unit‐wise and product or activity‐wise cost statements and schedules thereto in respect of the product groups or activities are or are not kept in the company. 4 In my or our opinion, the said books and records give or do not give the information required by the Companies Act, 1956 in the manner so required. 5 In my or our opinion, the said books and records are or are not in conformity with the generally accepted cost accounting principles and cost accounting standards issued by The Institute of Cost and Works Accountants of India, to the extent these are found to be relevant and applicable. Dated: this ____ day of _________ 20__ at _________________ (mention name of place of signing this report) SIG....
X X X X Extracts X X X X
X X X X Extracts X X X X
....year 1. Installed Capacity 2. Quantity Produced 3. Capacity Utilization (%) 4. Quantity Re-circulated 5. Quantity Purchased, if any 6. Self Consumption including Losses (to be specified) 7. Net Units Available II. Cost Information: Sl. No. Particulars Quantity Unit Rate per Unit Rs. Amount Rs. Cost per Unit Current Year Rs. Previous Year Rs. 1. Materials Consumed (specify) Indigenous Imported Self Manufactured/Produced 2. Process Materials/Chemicals (specify) 3. Utilities (specify) 4. Direct Employees Cost 5. Direct Expenses (specify) 6. Consumable Stores and Spares 7. Repairs and Maintenance 8. Depreciation 9. Lease Rent, if any 10. Other Overheads 11. Sub-total (1 to11) 12. Less: Credit, if any 13. Total cost (12-11) Apportionment: (cost centre-wise) 1. Cost Centre 1 2. Cost Centre 2 3. Cost Centre 3 Total PROFORMA 'B' Statement showing Summary Quantitative Details of all Intermediates or Bulk Drugs Processed or Manufactured Name of the Company Name and address of the Factory Drug Licence No. & Date For the Period Sl. No. Particulars Unit Current Year Previous Year 1. (i) Installe....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ediate or Bulk Drug For the period I. Quantitative Information: Sl. No. Particulars Unit Current Year Previous Year 1. Production Transferred 2. Less, Captive Consumption Balance Opening Stock - Unpacked Closing Stock - Unpacked Packed Production 3. Opening Stock - Packed 4. Closing Stock - Packed 5. Balance 6. Quantity transferred for: (a) Domestic Sale (b) Export Sale (c) Others (specify) II. Cost Information: Sl. No. Particulars Unit Quantity Rate Rs. Amount Cost per Unit Rs. Current Year Rs. Previous Year Rs. 1. Cost of Production b/f (Proforma B) 2. Less: Captive Consumption for: (a) Product 1 (b) Product 2 (etc.) 3. Balance Packed Sl. No. Particulars Unit Quantity Rate Rs. Amount Rs. Cost per Unit Current Year Rs. Previous Year Rs. 4. Add: Opening Stock - Unpacked Less: Closing Stock - Unpacked 5. Packing Cost (a) Materials (b) Others 6. Cost of Packed Production 7. Add: Opening Stock - Packed Less: Closing Stock - Packed 8. Balance 9. Administrative Overhead 10. Selling and Distribution Overheads 11. Cost of Sales 12. Interest and Financing charges 13. Total Cost 14. Net Sales....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... (specify) 2. Process Chemicals (specify) 3. Chemicals (specify) 4. Power and Fuel 5. Employee Benefits : (a) Salaries, Wages, Bonus etc. Name of the company Period PROFORMA 'E' Statement showing Allocation and Apportionment of Total Expenses and Conversion and Packing Cost for various Cost Centres SL. No. Particulars Total Expenses as per Audited Financial Accounts Utilities (separately for each) Production Cost Centres (specify separately)1 Packing Cost Centres (specify primary or secondary separately)2 Factory Overheads Administra- tion Overheads Marketing or Selling and Distribution Other Activities Non-Cost Expenses (b) Contribution to Provident and Other Funds (c) Staff Welfare Expenses 6. Consumable Stores and Spares 7. Repairs and Maintenance (a) Plant and Machinery (b) Buildings (c) Others 8. Other Direct Expenses (specify) 9. Rent 10. Insurance 11. Rates and Taxes 12. Payment to Auditors 13. Travelling and Conveyance 14. Communication Expenses 15. Printing and Stationery 16. Bank Charges 17. Security Force Expenses 18. Sales Promotion Expenses 19. Handling Expenses 20. Miscellaneous Expenses ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ation Control : St. No. Particulars Total Expenses as per Audited Financial Accounts Utilities (separately for each) Production Cost Centres (specify separately) Packing Cost Centres (specify primary or secondary separately) Factory Overheads Administra- tion Overheads Marketing or Selling and Distribution Other Activities Non-Cost Expenses 8. Total (including Excise Duty) 9. Total Sales Realization (exclud- ing Excise Duty) 10. Excise Duty Recovered 11. Total Sales (including Excise Duty) 12. Add: Export Benefit, if any 13. Profit as per Profit and Loss Account Name of the Company Name and address of the Factory Drug Licence No. and Date For the period Statement showing Apportionment of Conversion Cost and Packing Cost for various Products PROFORMA 'F' 9. 8. St. No. Product or Formulation (specify) Size Qty. Total Cost Centres (Specify Names of cost centres such as Weighing & Mixing, Filtration, Tablet Making, Preparation, Inspection, Testing, Quality Control etc. in columns below) Total Cost Centres (Specify Names of cost centres such as Weighing & Mixing, Filtration, Tablet Making, Preparation, Inspection, Testing, Quality Cont....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... (d) Ampoules/Vials etc. (e) Capsules etc. (f) Leaflets (g) Cartons (h) Others (specify) (i) Less : Wastes or Rejects (j) Total Packing Materials (B) C. Conversion Cost (a) Weighing and Mixing (b) Filtration (c) Preparation of Solution or Ointment (d) Inspection (e) Quality Control (f) Testing (g) Research and Develop- ment (h) Others (specify) (i) Total Conversion Cost (C) D. Packing Cost (D) E. Other Expenses (a) Royalty (b) Storage Sl. No. Particulars Unit Quantity Rate Rs. Amount Rs. Cost Per unit Theore- tical Actual Current Year Previous Year (c) Others (specify) (d) Total (E) F. Total Cost (A+B+C+D+E) G. Add: Opening Work-in- Progress Less: Closing Work-in- Progress H. Adjustment for Cost Variance I. Total Production Cost (F to H) J. Secondary Packing Materials (a) Cartoons (b) Leaflets (c) Dropper (d) Boxes (e) Gum Tapes (f) Others (specify) (g) Less : Wastes or Rejects (h) Total (a to g) K. Secondary Packing Cost or Charges (a) Cartooning (b) Boxing (c) Others (specify) (d) Total (a to c) L. Total Cost of Packed Produc- tion (I+J+K) M. Less: Transfer for Clinical or Sample or Trails etc. N. Balance (L+M....
X X X X Extracts X X X X
X X X X Extracts X X X X
....d: Incomes not considered in cost accounts: (a) Specify (b) Total 3. Less: Expenses not considered in cost accounts: (a) Specify (b) Total 4. Add: Overvaluation of Closing Stock in Financial Accounts 5. Add: Undervaluation of Opening Stock in Finan- cial Accounts 6. Less: Undervaluation of Closing Stock in Finan- cial Accounts 7. Less: Overvaluation of Opening Stock in Finan- cial Accounts 8. Adjustments for others, if any (specify) 9. Profit or Loss as per Financial Accounts Notes : 1. Separate cost statement shall be prepared for each utility or each activity or sub-activity or inter-unit and inter-company transfers relating to Intermediates or Bulk Drugs or Formulations in the prescribed proforma. In case Intermediates or Bulk Drugs or Formulations are processed through outside agency on job charges basis, separate cost statement shall be prepared in the prescribed proforma indicating job processing charges separately. 2. In case the company follows a pre-determined or standard costing system, the cost statement shall reflect figures at actual after adjustment of variances, if any. Reasons for variations between standards and actual shall be c....