cost audit report

Ministry of Corporate Affairs (MCA) has vide its circular dated 10th September, 2020 allowed the cost audit report for the financial year ended 31st March, 2020 to be filed by 30th November, 2020. The last date of filing form CRA-4 for financial year 2019-20 has been deferred to 30th November, 2020.

Rule 6(6) of the Companies (Cost Records and Audit) Rules, 2014 specifies that cost audit report shall be filed in form CRA-4 in XBRL format within 30 days of the receipt of the cost audit report copy. But there is a proviso which says that if the company has got an extension of time to hold the annual general meeting of the shareholders of the company, then companies may file the form CRA-4 within the resultant extended period of time for filing financial statements.

Since all the Registrar of Companies (ROCs) have vide identical orders dated 8th September, 2020 extended the time period for holding the annual general meeting in respect of financial year ending on 31st March, 2020 by 3 months upto 31st December, 2020, would companies have that benefit of the extended period for filing form CRA-4 also? There appears to be some confusion because of this circular dated 10th September, 2020. I hope MCA clarifies on this matter soon.

Copy of MCA circular can be found at MCA site. i.e.

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