Corporate Laws & Corporate Governance Committee
The Institute of Chartered Accountants of India
2nd November, 2021

ANNOUNCEMENT

Sub: Further Extension of last date of filing of Cost Audit Report to the Board of Directors under Rule 6(5) of the Companies (Cost Records and Audit) Rules, 2014 to 30th November, 2021.

This is to inform you that the Ministry of Corporate Affairs has further extended the last date of filing of Cost Audit Report for the FY 2020-21 by the Cost Auditor to the Board of Directors of the Companies from 31st October, 2021 to 30th November, 2021 in view of the continued disruptions caused by the Covid-19 pandemic.

Consequently, the Cost Audit Report in e-form CRA-4 shall be filed by the Company within 30 days from the date of receipt of the copy of the Cost Audit Report by the Company.

Further, as per the proviso to Rule 6(6) of the Companies (Cost Records and Audit) Rules, 2014, the Companies which have got extension of time of holding Annual General Meeting under section 96 (1) of the Companies Act, 2013, may file e-form CRA-4 within resultant extended period of filing financial statements under section 137 of the Companies Act, 2013.

Accordingly, the aforesaid circular shall be read along with the relaxation granted by the Registrar of Companies of various States (Order dated- 23.09.2021) in respect of extension of timeline to conduct AGM of the Companies by two months beyond the due date within which the companies ought to have conducted their AGM for the FY 2020-21 ended on 31.03.2021.

Circular is available at the link-
https://www.mca.gov.in/bin/dms/getdocument?mds=UXi8CClhFBp0uFbot881Mg%253D%253D&type=open

Members may take note of the above and plan accordingly.

With Warm Regards,


Corporate Laws & Corporate Governance Committee
The Institute of Chartered Accountants of India