Filing of Cost Audit Report (Form‐I) and Compliance Report (Form‐A) in (XBRL) mode : In continuation of MCA’s General Circular No. 8/2012 dated 10th May, 2012, it has been decided vide General Circular No. 8/2012 dated 29th June, 2012 that filing of Cost Audit Reports and Compliance Reports with the Central Government in the XBRL mode will be allowed after 31st July, 2012
Imposing fees on certain e-forms filed with ROC, RD or MCA(HQ) under MCA-21 where at present no fee is prescribed: MCA vide General Circular No. 14/2012 dated 21st June, 2012 has decided to impose fees on certain e-forms which are filed with ROC, RD or MCA(HQ) for which there is no prescribed fee at present. This circular will come into effect from 22nd July, 2012.
Amendment of Companies (Director Identification Number) Rules, 2006: MCA vide notification G.S.R. (E) dated 5th June, 2012 has inserted the following point after Serial No. 4. “4A. Whether resident in India O Yes O No” in Form DIN-1. These rules shall come into force from 11th June, 2012..
Cost Accounting Records and Cost Audit – general clarifications: MCA vide General Circular No. 12/2012 52/13/CAB-2011 dated 4th June, 2012 has issued a general clarification regarding the applicability of Cost Audit Order No.52/26/CAB- 2010 dated 2nd May, 2011 to various Companies. MCA further clarified that in case of companies engaged in production, processing, manufacturing or mining of multiple products/activities, if any of their products/activities are not covered under the industry specific Cost Accounting Records Rules, but are covered under the Companies (Cost Accounting Records) Rules, 2011 notified vide GSR 429(E) dated June 3, 2011 and wherein such products/activities are not covered under cost audit vide cost audit orders dated June 30, 2011 and January 24, 2012; such companies shall be required to file compliance report with the Central Government in accordance with the clarifications given vide para (a) of the MCA’s General Circular No. 68/2011 dated 30th November, 2011.
