Extension of Last date for Filing of Cost Audit Report (CAR) and Cost Compliance Report (CCR) in the extensible Business Reporting Language (XBRL) mode
Keeping in view of the ongoing requests from different quarters, MCA has extended the date of filing of Cost Compliance Reports and Cost Audit Reports upto 31st Jan 2013 vide General Circular No. 43/2012 dated 26 dec 2012.
The companies should take advantage of the extended date and rather than rushing for filing of the reports go through the reports thoroughly. Please note that the data in the CCR and CAR will be available to different regulators at least for eight years.
The circular is reproduced below for reference
General Circular No. 43/2012,
Dated the December 26, 2012
Subject: Filing of Cost Audit Report and Compliance Report in the eXtensible Business Reporting Language (XBRL) mode.
In continuation of MCA’s General Circular Nos. 8/2012 dated May 10, 2012 [as amended on June 29, 2012] and 18/2012 dated July 26, 2012, it has been decided that all cost auditors and the companies concerned are allowed to file their Cost Audit Reports and Compliance Reports for the year 2011-12 [including the overdue reports relating to any previous year(s)] with the Central Government in the XBRL mode, without any penalty, within 180 days from the close of the company’s financial year to which the report relates or by January 31, 2013, whichever is later. The Institute is requested to circulate this for the information of all concerned.
(B. B. Goyal)
Adviser (Cost)
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