For CAMAP Circulation I am sending following
Information.
Today Shri B.B.Goyal (Advisor Cost)
, MCA informed at Ahmedabad Seminar , which I would like to
share with all of you :-
1) MCA will release Final Taxonomy & Business
Report Rules For Cost Audit & Compliance Report
Filing in XBRL Next
Week.
2) Final Notification will be issued in Nov.
1st week after which Form will be notified in
MCA Web site & E-filing
will be possible.
3) One & Half Months period (From 15th
Sept. to 31st Oct.) is breathing period for
practice in above taxonomy.
All Reporting paras to be
prepared as per New
Taxonomy. Govt. after studying that their is no problem will
finally issue a Notification to take care
of legal requirements in November 1st week.
4) In Foreign Countries their is an option of
extention in taxonomy by user. This option is not
available to Indian user
by Govt. To remove this, Govt has formed a
committee which will meet every week from Nov 1st week
to take note of
various representations received in this
regard.
5) Rectified Reporting Paras to
be approved by Board
before Filing to be done by 31st Dec.,2012.
6) E-Filing procedure is same as before except that instead
of PDF File , XML File generated by XBRL Langauge to be attached.
7) For Generating XML File we have to
purchase a suitable software . This software will
convert our Excel/Word file
into Instance Document which will be required to be
validated by MCA Validating Tool provided by
MCA . After removing all the
errors it will be converted into XML File. Their will
be an option of XML to
PDF . Generate PDF from XML & check with your
original document to be sure that you are
filing correct data to
MCA .
8) All above dates are probable & subject to
change.
I hope above information will be useful to
all concerned.
Thanking you,
With Regards
CMA DINESH BIRLA
Cost Accountant
Ahmedabad
No comments:
Post a Comment