TaxTMI 
TaxTMI 
Audit of cost accounts in - Product or Activity Group
X X X X Extracts X X X X
X X X X Extracts X X X X
....rds (Fertilizer Industry) Rules 2011; (f) Cost Accounting Records (Pharmaceutical Industry) Rules 2011; and which are engaged in the production, processing, manufacturing or mining of the products/activities included in the said Rules or covered in the following product or activity groups [Table-I] and wherein the aggregate value of the net worth of the company as on the last date of the immediately preceding financial year exceeds five crore of rupees; or wherein the aggregate value of the turnover made by the company from sale or supply of all products or activities during the immediately preceding financial year exceeds twenty crore of rupees; or wherein the company's equity or debt securities are listed or are in the process of listing on any stock exchange, whether in India or outside India, shall get its cost accounting records, in respect of each of its financial year commencing on or after the 1st day of January, 2013, audited by a cost auditor who shall be, either a cost accountant or a firm of cost accountants, holding valid certificate of practice under the provisions of Cost and Works Accountants Act, 1959 (23 of 1959). Table-I S.No. Product or Acti....
X X X X Extracts X X X X
X X X X Extracts X X X X
....turnover made by the company from sale or supply of all its products or activities during the immediately preceding financial year exceeds hundred crore of rupees; or wherein the company's equity or debt securities are listed or are in the process of listing on any stock exchange, whether in India or outside India, shall get its cost accounting records, in respect of each of its financial year commencing on or after the 1st day of January, 2013, audited by a cost auditor who shall be, either a cost accountant or a firm of cost accountants, holding valid certificate of practice under the provisions of Cost and Works Accountants Act, 1959 (23 of 1959). Table-II S.No. Product or Activity Group Code Name of the Product or Activity Group Central Excise Tariff Act (CETA) Chapter Headings covered in the Product or Activity Group 1 1002 Meat and Meat Products 0201 to 0210; 0410; 1601 to 1603 2 1003 Marine Products 0301 to 0307; 1604 to 1605 3 1004 Milk and Milk Products 0401 to 0406 4 1005 Poultry and Related Products 0407 to 0408 5 1006 Bee Products 0409 6 1010 Vegetables 0701 to 0714 7 1011 Fr....
X X X X Extracts X X X X
X X X X Extracts X X X X
....le Materials 3604 to 3606 45 2033 Photographic and Cinematographic Goods 3701 to 3707 46 2034 Insecticides 3808 47 2035 Chemicals - Plastics and Polymers 3901 to 3915 48 2036 Articles of Plastics and Polymers 3916 to 3926 49 2037 Rubber and Rubber Products 4001 to 4010; 4014 to 4017 50 2038 Rubber Tyres and Tubes 4011 to 4013 51 3001 Raw Hides, Skins and Leather 4101 to 4107; 4112 to 4115 52 3002 Leather Products 4201 to 4203; 4205 to 4206 53 3004 Wood and Wood Products 4401 to 4421 54 3007 Pulp of Wood and other substances 4701 to 4707 55 3008 Newsprint 4801 56 3009 Paper and Paperboard 4802 to 4813 57 3010 Articles of Paper and Paperboard 4814; 4816 to 4823 58 3012 Silk 5001 to 5003 59 3013 Silk Yarn 5004 to 5006 60 3014 Silk Fabrics 5007 61 3015 Wool 5101 to 5105 62 3016 Wool Yarn 5106 to 5110 63 3017 Wool Fabrics 5111 to 5113 64 3018 Cotton 5201 to 5203 65 3019 Sewing Thread 5204; 5401 66 3020 Cotton Yarn 5205 to 52....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... Appliances 8508 to 8519; 8521 to 8523; 8525 to 8548 103 4021 Railway Rolling Stock 8601 to 8606 104 4022 Parts of Railway Rolling Stock 8607 105 4023 Railway Track Fixtures and Fittings 8608 106 4024 Containers 8609 107 4025 Commercial Vehicles (3 or more wheels) 8701; 8704 to 8707; 8709; 8716 108 4026 Passenger Vehicles (4 or more wheels) 8702 to 8703 109 4027 Parts and Accessories of Vehicles 8708; 8714 110 4029 Passenger Vehicles (2 and 3 Wheelers) - Motorised 8711; 8713 111 4030 Passenger Vehicles (2 or 3 Wheelers) - Non Motorised 8712; 8713; 8715 112 4031 Non-powered Aircraft and parts thereof 8801; 8803 113 4032 Aircraft, Spacecraft and parts thereof 8802 to 8803; 8805 114 4033 Parachutes and Rotochutes 8804 115 4034 Ships and Boats 8901 to 8904 116 4035 Floating Structures 8905 to 8908 117 4036 Optical Equipments and parts thereof 9001 to 9005; 9012 to 9013; 9033 118 4037 Photographic or Cinematographic Equipment and parts thereof 9006 to 9008; 9010 to 9011; 9033 119 4038 M....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ost Accounting Records (Petroleum Industry) Rules, 2011 shall be subject to cost audit as per the terms mentioned in para 2 above. (f) Product Group No. 2008 - Electrical Energy mentioned in Table-I above would mean and be understood as generation of electrical energy or generation of electricity. (g) Product Group No. 1026 - Alcoholic Beverages mentioned in Table-II above would mean and include all products/activities covered in the Chapter Headings 2203 to 2208 of the Customs Tariff Act, 1975 (51 of 1975), excluding products of CETA Chapter Heading 2207 to the extent these are covered in the Cost Accounting Records (Sugar Industry) Rules, 2011. (h) In case of any Product or Activity Group where multiple units of measurement are in use for the products or activities covered therein, then the relevant Product or Activity Group shall be repeated against each unit of measurement separately. (i) Wherever same CETA Chapter Headings have been shown against two or more Product or Activity Groups, the actual details shall be shown against the most appropriate Product or Activity Group. 4. Every company to which these orders apply shall get its ....