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[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART
SECTION
‐II,‐3, SUB‐SECTION (i)]
MINISTRY OF CORPORATE AFFAIRS
Notification
New Delhi dated the 7
G.S.R. 872 (E).
read with clause (d) of sub
1956), and in supersession of the Cost Accounting Records (Sugar) amended Rules, 1997
vide G.S.R. 388(E), dated the 15
Alcohol) Rules, 1997 vide G.S.R. 532(E), dated the 17
respects things done or omitted to be done before such supersession, the Central
Government hereby makes the following rules, namely:
th, Dec, 2011‐ In exercise of the powers conferred by sub‐section (1) of section 642,‐section (1) of section 209 of the Companies Act, 1956 (1 ofth July, 1997 and Cost Accounting Records (Industrialth September, 1997, except as‐
1.
Records (Sugar Industry) Rules, 2011.
(2) They shall come into force on the date of their publication in the Official Gazette.
2.
Short Title and Commencement, – (1) These rules may be called the Cost AccountingDefinitions and Interpretations, – In these rules, unless otherwise requires,‐‐‐
(a) “Act” means the Companies Act, 1956 (1 of 1956);
(b)
signed by a cost accountant in the specified form of compliance report;
(c) “Cost Accountant” for the purpose of these rules means
defined in clause (b) of sub
Accountants Act, 1959 (23 of 1959) and who is either a permanent employee
of the company or holds a valid certificate of practice under sub
section 6 and who is deemed to be in practice under sub
2 of that Act and includes a firm of cost accountants;
“compliance report” means the compliance report duly authenticated anda cost accountant as‐section (1) of section 2 of the Cost and Works‐section (1) of‐section (2) of section
(d) “Cost Accounting Standards” means the standards of cost accounting, issued
by the Institute;
(e) “cost records” means books of account relating to utilisation of materials,
labour and other items of cost as applicable to the production, processing,
manufacturing or mining activities of the company;
(f) “Form
and other documents with the Central Government in the electronic mode;
(g) “Form
the compliance report;
‐A” means the form specified in these rules for filing compliance report‐B” means the form of the compliance report and includes Annexure to
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(h) “Generally Accepted Cost Accounting Principles” means the principles of cost
accounting issued by the Institute;
(i) “Institute” means the Institute of Cost and Works Accountants of India
constituted under the Cost and Works Accountants Act, 1959 (23 of 1959);
(j) “product” means any tangible or intangible good, material, substance, article,
idea, know
human, mechanical, industrial, chemical, or natural act, process, procedure,
function, operation, technique, or treatment and is intended for use,
consumption, sale, transport, store, delivery or disposal;
(k) “product group” in relation to tangible products means a group of
homogenous and alike products, produced from same raw materials and by
using similar or same production process, having similar physical or chemical
characteristics and common unit of measurement, and having same or similar
usage or application; and in relation to intangible products means a group of
homogenous and alike products or services, produced by using similar or same
process or inputs, having similar characteristics and common unit of
measurement, and having same or similar usage or application;
(l) “sugar activities” means the activities relating to the production, processing, or
manufacturing of any form or grade of sugar, molasses, or alcohol (including
ethyl alcohol, rectified spirit, absolute alcohol, denatured alcohol, power
alcohol, or solvent blends etc. but excluding potable alcohol) by using any raw
materials, and includes the meaning assigned to them under Chapter 17 or
Chapter 22 of the Central Excise Tariff Act, 1985 (5 of 1986) or of the Customs
Tariff Act, 1975 (51 of 1975), and further includes the intermediate products
and articles or allied products thereof;
(m) “turnover” means total turnover made by the company from the sale or supply
of all products or services during the financial year and it includes any turnover
from job work or loan license operations and the subsidies or grants or
incentives received but does not include any non
(n) all other words and expressions used in these rules but not defined, and
defined in the Act and rules made under clause (d) of sub
209 of the Act shall have the same meanings as assigned to them in the Act or
rules, as the case may be.
3.
as defined under section 591 of the Act, which is engaged in the production,
processing, or manufacturing of sugar activities and wherein, the aggregate value of
net worth as on the last date of the immediately preceding financial year exceeds five
crores of rupees; or wherein the aggregate value of the turnover made by the
company from sale or supply of all products or activities during the immediately
preceding financial year exceeds twenty crores of rupees; or wherein the company’s
‐how, method, information, object, service, etc. that is the result of‐operational income;‐section (1) of sectionApplication, – These rules shall apply to every company, including a foreign company
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equity or debt securities are listed or are in the process of listing on any stock
exchange, whether in India or outside India:
Provided that these rules shall not apply to a body corporate governed by any
special Act.
4.
units and branches thereof shall, in respect of each of its financial year commencing
on or after the date of this notification, keep cost records and the books of account
so maintained shall contain, inter
mentioned in the Schedule annexed to these rules.
(2) The cost records referred to in sub
such manner so as to make it possible to calculate per unit cost of production
or cost of operations, cost of sales and margin for each of its products and
activities for every financial year on monthly or quarterly or half
annual basis.
(3) The cost records shall be maintained in accordance with the generally
accepted cost accounting principles and cost accounting standards issued by
the Institute; to the extent these are found to be relevant and applicable and
the variations, if any, shall be clearly indicated and explained.
(4) The cost records shall be maintained in such manner so as to enable the
company to exercise, as far as possible, control over the various operations
and costs with a view to achieve optimum economies in utilization of
resources and these records shall also provide necessary data which is
required to be furnished under these rules.
(5) All such cost records and cost statements, maintained under these rules shall
be reconciled with the audited financial statements for the financial year
specifically indicating expenses or incomes not considered in the cost records
or statements so as to ensure accuracy and to reconcile the profit of all
product groups with the overall profit of the company and the variations, if
any, shall be clearly indicated and explained.
(6) All such cost records, cost statements and reconciliation statements,
maintained under these rules,
financial years immediately preceding a financial year or where the company
had been in existence for a period less than eight years, in respect of all the
preceding years shall be kept in good order.
Maintenance of records, – (1) Every company to which these rules apply, including all‐alia, the particulars specified in Proformae A to I‐rule (1) shall be kept on regular basis in‐yearly orrelating to a period of not less than eight
(7) Every person, referred to in sub
Companies Act, 1956 (1 of 1956), shall take all reasonable steps to secure
compliance by the company with the provisions of these rules in the same
manner as he is liable to maintain accounts required under sub
section 209 of the said Act.
‐section (6) and (7) of section 209 of the‐section (1) of
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5.
submit a compliance report, in respect of each of its financial year commencing on or
after the date of this notification, duly certified by a Cost Accountant, along with the
Annexure to the Central Government, in the specified form.
6.
compliance report referred to in rule 5 to the Central Government within a period of
one hundred and eighty
the compliance report relates.
7.
compliance report shall be approved by the Board of Directors and certified by the
Cost Accountant before submitting the same to the Central Government by the
company.
8.
provisions of these rules, he shall be punishable with fine, which may extend to five
thousand rupees.
(2) For contravention of these rules,
Form of the Compliance Report, – Every company to which these rules apply shallTime limit for submission of Compliance Report, – Every company shall submit thedays from the close of the company’s financial year to whichAuthentication of Annexure to the Compliance Report, – The Annexure to thePenalties, – (1) If default is made by the Cost Accountant in complying with the‐
(a) the company shall be punishable as provided under sub
section 642 of the Act; and
(b) every officer thereof who is in default, including the persons referred to in
sub
under sub
1956).
9.
1997 and Cost Accounting Records (Industrial Alcohol) Rules, 1997, shall not in any
way affect
‐section (2) of‐section (6) of section 209 of the Act, shall be punishable as provided‐sections (5) and (7) of section 209 of Companies Act, 1956 (1 ofSavings, – The supersession of the Cost Accounting Records (Sugar) amended Rules,‐
(a) any right, obligation or liabilities acquired, accrued or incurred
thereunder;
(b) any penalty, forfeiture or punishment incurred in respect of any
contravention committed thereunder; and
(c) any investigation, legal proceeding or remedy in respect of any such right,
privilege, obligation, liability, penalty, forfeiture or punishment as
aforesaid, and; any such investigation, legal proceeding or remedy may be
instituted, continued or enforced and any such penalty, forfeiture or
punishment may be imposed as if those rules had not been superseded.
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FORM
documents with the Central Government
[Pursuant to section 209(1)(d), 600(3)(b) of the Companies Act, 1956 and rule 2 of the Cost Accounting
Records (Sugar Industry) Rules, 2011]
PART I
Note: All fields marked in * are to be mandatorily filled.
‐A Form for filing Compliance Report and other‐ GENERAL INFORMATION
1 (a) *Corporate identity number (CIN) or
foreign company registration number of
the company
Pre
‐Fill
(b) Global location number (GLN) of
company
2 (a) *Name of the company
(b) *Address of the registered office or of
the principal place of business in India
of the company
(c) *E
3 (a) *Financial year covered by the
compliance report
From
(DD/MM/YYYY)
To (DD/MM/YYYY)
(b) *Date of Board of directors’ meeting in which annexure
to the compliance report was approved
(DD/MM/YYYY)
4.
‐mail Address of the companyDetails of the cost accountant
(a) *Category of the cost accountant Individual Cost accountant’s
firm
(b) In case of individual, whether the cost accountant
is in permanent employment of the company or in
practice
In Employment In Practice
(c) *Name of the cost accountant or the
cost accountant’s firm who has certified
the cost records of the company
(d) *Income tax permanent account number of the cost accountant or the cost
accountant’s firm
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(e) *Membership number of cost accountant or cost accountant’s firm’s
registration number
(f) Address of the cost accountant or cost accountant’s firm
(i) Line I
Line II
(ii) City
(iii) State
(iv) Country
(v) Pin Code
(g) *E
cost accountant’s firm
5.
‐mail ID of the cost accountant or*Quantitative Information
Sno. Name of the Product or Service Group Unit Annual Net Sales
Production
(Quantity)
(Quantity) (Value in
Rupees)
A Produced or Manufactured Product
1.
2.
3. etc.
B Services Groups
1.
2.
3. etc.
C Trading Activities (Product Group
1.
2.
3. etc.
D Other Income
Total Income as per Financial Accounts
‐wise)
PART
Attachments:
‐II
1
Compliance report as per the Cost Accounting Records
(Sugar Industry) Rules, 2011
Attach
2 Optional attachments(s) – if any
Attach
List of attachments
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Remove attachment
Verification:
To the best of my knowledge and belief, the information given in this form and its attachments is correct
and complete.
I have been authorised by the Board of directors’
resolution number
dated
(DD/MM/YYYY)
to sign and submit this form.
I am authorised to sign and submit this form.
To be digitally signed by:
Managing Director or director or manager or secretary (in case of an Indian company)
or an authorised representative (in case of a foreign
company)
Digital
Signatures
*Designation
*Director identification number of the director or Managing Director; or Income
of the manager or of authorised representative; or Membership number, if applicable or
income
may quote his/her income
Director of the company
Digital
Signatures
Director identification number of the director
‐tax PAN‐tax PAN of the secretary (secretary of a company who is not a member of ICSI‐tax PAN)
Modify Check Form Pre
This e
on the basis of statement of correctness given by the filing company
‐scrutiny Submit‐form has been taken on file maintained by the Central Government through electronic mode and
FORM
‐B
FORM OF COMPLIANCE REPORT
[See rule 2, and rule 5]
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I or We ........................................... being in permanent employment of the company or in
practice, and having been appointed as cost accountant under Rule 5 of the Cost Accounting
Records (Sugar Industry) Rules, 2011 of …...........................................................
the company)
office address of the company)
books of account prescribed under clause (d) of sub
other relevant records for the period/year .............................
certify as under:
1 I or We have or have not obtained all the information and explanations, which to the best of
my or our knowledge and belief were necessary for the purpose of this compliance report.
2 In my or our opinion, proper cost records, as per the Cost Accounting Records (Sugar Industry)
Rules, 2011 prescribed under clause (d) of sub
1956, have or have not been maintained by the company so as to give a true and fair view of
the cost of production or operation, cost of sales and margin of all the products and activities
of the company.
3 Detailed unit
respect of the product groups or activities are or are not kept in the company.
4 In my or our opinion, the said books and records give or do not give the information required
by the Companies Act, 1956 in the manner so required.
5 In my or our opinion, the said books and records are or are not in conformity with the
generally accepted cost accounting principles and cost accounting standards issued by The
Institute of Cost and Works Accountants of India, to the extent these are found to be relevant
and applicable.
Dated: this ____ day of _________ 20__ at _________________ (
signing this report
SIGNATURE AND SEAL OF THE COST ACCOUNTANT (S)
MEMBERSHIP NUMBER (S)
NOTES:
(i) Delete words not applicable.
(ii) If as a result of the examination of the books of account, the cost accountant desires to
point out any material deficiency or give a qualified report, he shall indicate the same
against the relevant para.
(iii) Briefly give your observations and suggestions, if any, relevant to the maintenance of cost
accounting records by the company.
(mention name ofhaving its registered office at ..................................................... (mention registered(hereinafter referred to as the company), have examined the‐section (1) of section 209 of the said Act, and(mention the financial year) and‐section (1) of section 209 of the Companies Act,‐wise and product or activity‐wise cost statements and schedules thereto inmention name of place of)
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(iv) Cost accountant may use separate sheet(s) for (ii) and (iii) above, if required.
ANNEXURE TO THE COMPLIANCE REPORT
[See rule 2 and rule 5]
1. GENERAL:
a) Name of the company:
b) Registered office address:
c) Financial year to which the Compliance Report relates.
2. QUANTITATIVE INFORMATION:
Sno. Name of the Product or Service Net Sales
Group
Unit Annual
Production
(Qty.)
(Qty.) (Value in
Rupees)
A Produced or Manufactured Product
Groups
1.
2.
3. etc.
B Services Groups
1.
2.
3. etc.
C Trading Activities (Product Groupwise)
1.
2.
3. etc.
D Other Income
Total Income as per Financial Accounts
3. RECONCILIATION STATEMENT:
Net Margin (Profit or Loss) as per Cost Accounts (In Rupees)
A. From Produced or Manufactured Product Groups
B. From Services Groups
C. From Trading Activities
Total as per Cost Accounts
Add: Incomes not considered in Cost Accounts (if any)
Less: Expenses not considered in Cost Accounts (if any)
Add/Less: Difference in Stock Valuation
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Profit or (Loss) as per Financial Accounts
NOTES:
(i) For produced or manufactured product groups, use the nomenclature as used in the
Central Excise Act or Rules, as applicable.
(ii) For services groups, use the nomenclature as used in the Finance Act or Central
Service Tax Rules, as applicable.
SIGNATURE
NAME
COST ACCOUNTANT (S)
MEMBERSHIP NUMBER (S)
SEAL
DATE
"SCHEDULE”
[See rule 4]
PROFORMA `A’
Statement showing Cost of Utilities like Water or Steam or Power etc.
Name of the Company
Name and address of the Factory or Unit
Short Name and Code No. allotted by Directorate of Sugar
Name of the Utility
For the Period/Year
A Quantitative Information
Sno. Particulars Unit Current Year Previous Year
1 Installed Capacity
2 Quantity Produced
3 Capacity Utilization (%)
4 Quantity Re
5 Quantity Purchased, if any
6 Self Consumption including losses (to be specified)
7 Net Units Available
‐circulated
B. Cost Information:
Sno. Particulars Quantity Rate per Cost per Unit
unit
Amount
Current
Year
Previous
Year
Unit Rs. Rs. Rs. Rs.
1 Materials Consumed (specify)
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Sno. Particulars Quantity Rate per Cost per Unit
unit
Amount
Current
Year
Previous
Year
Unit Rs. Rs. Rs. Rs.
Indigenous
Imported
Self Manufactured or Produced
2. Process Materials/ Chemicals (specify)
3. Utilities (specify):
4. Direct Employees Cost
5. Direct Expenses (specify)
6. Consumable Stores and Spares
7. Repairs and Maintenance
8. Depreciation
9. Lease Rent, if any
10. Other Overheads
11. Sub
12. Less: Credit, if any
‐total (1 to10)
13. Total cost (11
Apportionment: (cost centre
‐12)‐wise)
1. Cost Centre 1
2. Cost Centre 2
3. Cost Centre 3
Total
PROFORMA ‘B’
Statement showing Cost of Sugarcane or Beet etc for Production of Sugar
Name of the Company
Name and address of the Factory or Unit
Short Name and Code No. allotted by Directorate of Sugar
Name of the Raw Material
For the Period/Year
A. Quantitative Information:
Quantities (MT) Percentage of Loss in terms
of purchased Quantity
Sno. Particulars
Purchased Received Loss or
Driage if any
1. Material Received (specify)
a) Own Farm
b) Received at Gate
c) Received at other location
d) Total (a) to (c)
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B. Cost Information:
Sno.
Particulars Quantity
MT
Rate
(Rupees)
Amount
(Rupees)
1. Sugarcane, Beet, etc. Cost
a) Purchased at Fair and Remunerative Price(FRP)
b) Purchased at State Advised Price (SAP)
c) Purchased at any other rate
(d)Transferred from Own Farm
Total (a+b+c+d)
2. Cane Development Expenses
3. Cane Harvesting Charges
4. Cane Transportation Charges
5. Commission Paid
6. Expenditure at Cane Collection Centre
a) Direct Employees Cost
b) Direct Expenses (specify)
c) Consumable Stores & Spares
d) Repairs and Maintenance
Total (a+b+c+d)
7. Loading and Unloading Charges
8. Taxes and Levies
a) Cane Cess
b) Purchase Tax
c) Octroi
d) Other Levies (specify)
e) Total (a+b+c+d)
9. Stock adjustment ,if any
a) Add: Opening Stock of Cane
b) Less: Closing Stock of Cane
10. Cost of Material (specify)
PROFORMA ‘C’
Statement showing Cost of Sugar Produced and Sold
Name of the Company
Name and address of the Factory or Unit
Short Name and Code No. allotted by Directorate of Sugar
Name of the Raw Material
For the Period/Year
A. Quantitative information:
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Sno. Particulars Unit Current Year Previous Year
1 Crushing Capacity Per day
2 Quantity of Material Crushed or Processed
3 Duration of Crushing or Processing Season
From……………………
To…………………..……
No. of days……………..
4 Average Sugar Content (% in cane)
5 Average Recovery of Sugar (% in cane)
6 Quantity of Sugar Produced
7 Quantity of Sugar Captively Consumed
8 Quantity of Sugar Sold
a) At Levy or Controlled Price
b) At Rate for Free Sale
B
Sno. Particulars Quantity Cost per MT (Rupees)
Unit
Rate
(Rupees)
Amount
(Rupees) Current
Year
Previous
Year
. Cost Information:
1. Materials Consumed
a) Sugarcane or Beet or Raw sugar
(indigenous or imported)
b) Lime
c) Sulphur
d) Others (specify)
e) Total (a+b+c+d)
2. Utilities(specify)
3. Direct Employees Cost
a) Seasonal
b) Off seasonal
c) Retainer allowance
4. Direct Expenses
5. Consumable Stores and Spares
6. Repairs and Maintenance
7. Quality Control Expenses
8. Effluent Control Treatment
9. Research and Development
10. Technical Assistance and Know
Fee or Royalty, if any
11. Depreciation or Amortization
12. Other Production Overheads
13. Total (1 to 12)
14.
Add: Opening Stock
Less: Closing Stock
15. Less Credits for by product or wastages
or recoveries:
a) Molasses:
(i) For Internal Consumption
(ii) Sales
‐how‐in‐Process‐in‐Process
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Sno. Particulars Quantity Cost per MT (Rupees)
Unit
Rate
(Rupees)
Amount
(Rupees) Current
Year
Previous
Year
b) Bagasse
(i) For Captive Consumption
(ii) Sales
c) Other Recoveries (specify)
16. Cost of Naked Sugar Produced
17. Packing Cost
a) Bags
b) HDPE or Poly Bags
c) Other packing cost
Total Packing Cost
18. Add: Opening Stock – Finished Goods
Less: Closing Stock – Finished Goods
19. Finished Goods Purchased, if any
20. Total Cost (16 to 19)
21. Less: Cost of Packed Sugar Transferred
for Captive or Self Consumption
22. Administrative Overheads
23. Selling & Distribution Overheads
a) Freight and Transport charges
b) Commission to Selling Agents
c) Loading and unloading charges
d) Others
Total (a) to (d)
24. Interest and Financing Charges
25. Cost of Sales
26. Sales Realisation
a) At levy or control price
i) Gunny Bags
ii) HDPE or poly bags
b) At rates for free sales
c) Total
27. Less Excise Duty and other Statutory
Levies
28. Net Sales Realization(26
29. Margin (28
‐27)‐25)
PROFORMA ‘D’
Statement showing Cost of Molasses transferred or procured and consumed for use in
the manufacture of Alcohol
Name of the Company
Name and address of the Factory or Unit
Short Name and Code No. allotted by Directorate of Sugar
Name of the Product Consumed for Alcohol Manufacture
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For the Period/Year
A. Cost Information:
Sno. Particulars Quantity Cost Per MT (Rupees
Unit
Rate
Rupees
Amount
Rupees Current
Year
Previous
Year
1(a) Molasses Transferred from Own Sugar
Factory, if any (Proforma C)
(b) Purchases (specify grade wise)
2. Transport and Handling Charges
3. Excise Duty, if any, on Molasses
(a) Transfer from Own Sugar Factory
(b) Purchased Molasses
4. Other Expenses including Taxes, Fees
(specify)
5. Less: Losses
a) Transit Losses
b) Storage Losses, if any
c) Other Losses (specify)
d) Total (a to c)
6. (a) Add: Opening Stock
(b) Less: Closing Stock
7. Consumption transferred to Proforma F
PROFORMA ‘E’
Statement showing Cost of various processing operations for Alcohol and their
apportionment
Name of the Company
Name and address of the Factory or Unit
Short Name and Code No. allotted by Directorate of Sugar
Name of the Product
For the Period/Year
A. Quantitative Information
Sno. Particulars Unit Current Year Previous Year
1. Installed Capacity
2 Batch Size
3. Number of Batches Produced
4. Quantity of Molasses Processed
5. (a) Alcohol Produced (specify alcohol content ___ %) K.Ltrs
(b) Alcohol Produced in terms of 100% Alcohol K.Ltrs
6. Quantity used for Captive Consumption
7. Quantity Transferred to Sales
8. Total Sugar % in Molasses
9. Total Fermentable Sugar % in Molasses
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10 Actual Recovery of Alcohol
11. Fermentation Efficiency %
12 Distillation Efficiency %
13. Blending Efficiency
14. Overall Efficiency
B. Cost information process wise:
Sno. Particulars Processing Centres Total
Unit Fermenta
tion
Distillatio
n
Blending Others
(specify)
B. 1.
Batch Size
2. No. of Batches
3. Quantity Processed
4. Processing Hours
C.
Processing Cost
1. Process Chemicals or Operating
Supplies (if any, specify)
2. Utilities (specify)
3. Direct Employees Cost
4. Direct Expenses
5. Consumable Stores and Spares
6. Repairs and Maintenance
7. Quality Control Expenses
8. Depreciation
9. Other Overheads
10 Total
11 Add :Opening Work
Less: Closing Work
12. Total
‐in‐Process‐in Process
D. Distribution of Processing cost to Basis Qty Amount
Types of Alcohol Produced:
a)
b)
c) etc.
PROFORMA ‘F’
Statement showing the cost of production or cost of sales of Industrial Alcohol
Name of the Company
Name and address of the Factory or Unit
Short Name and Code No. allotted by Directorate of Sugar
Name of the Product or Type
For the Period/Year
A. Quantitative Information:
Sno. Particulars Unit Current Year Previous Year
1. Installed Capacity
2 Batch Size
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17 ‐
3. No. of Batches Produced
4. Quantity of Molasses Processed
5. (a) Alcohol Produced (specify alcohol content ___%) K. Ltrs
(b) Alcohol Produced in terms of 100% Alcohol K. Ltrs
6. Quantitative used for Captive Consumption
7. Quantity transferred to Sales
8. Total Sugar % in Molasses
9. Total Fermentable Sugar % in Molasses
10 Actual Recovery of Alcohol
11. Fermentation Efficiency %
12 Distillation Efficiency %
13. Blending Efficiency
14. Overall Efficiency
B
Sno. Particulars Quantity Cost per MT (Rupees)
Unit
Rate
Rs./Unit
Amount
Rs. Current
Year
Previous
Year
. Cost Information:
1. Materials Consumed
Molasses
a) Indigenous
b) Imported
c) Others (specify)
d) Sub total
2. Process Materials/Chemicals
a) Sulphuric Acid
b) Caustic Soda
c) Ammonium Sulphate
d) Urea
e) Yeast
f) Others, if any
3. Processing Cost
a) Fermentation
b) Distillation
c) Blending
d) Others (specify)
e) Total Processing cost
4. Testing Expenses
5. Quality Control Expenses
6. Research and Development expenses
7. Technical Assistance and Know
or Royalty, if any
8. Depreciation or Amortization
9 Other Production Overheads
10 Total (1 to 8)
11. Add: Opening Stock
Less: Closing Stock
12. Less Credits (from wastages and by
products) or Recoveries, if any (specify
item wise)
‐how Fee‐in‐Process‐in‐Process
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18 ‐
Sno. Particulars Quantity Cost per MT (Rupees)
Unit
Rate
Rs./Unit
Amount
Rs. Current
Year
Previous
Year
13 Cost of Production
14. Add: Opening Stock – Finished Goods
Less: Closing Stock – Finished Goods
15
Packing Cost
a) Materials
b) Others (specify)
16. Cost of Production
(a) Packed Quantity
(b) Unpacked Quantity
17 Add: Opening Stock – Packed
Less: Closing Stock – Packed
18. Finished Goods Purchased, if any
19. Total cost of Packed Goods
20. Administrative Overheads
21. Selling and Distribution Overheads
(a) Employee Cost
(b) Freight and Transport Charges
(c) Commission to Selling Agents
(d) Royalty on Sales, if any
(e) Others(specify)
(f) Total ((a) to (e)
22 Interest and Financing Charges
23 Cost of Sales
24 Sales Realisation
25 Less Excise Duty and other Statutory
Levies
26 Net Sales Realization (25
27 Margin (27
28 Sales Realization from customers
(a) Sales Price
(b) Less Dealer’s margin
(c) Net
29 Retention price as fixed by the
Government (specify the period for
which relevant)
30 Product Subsidy from Government
‐26)‐24)
‐
19 ‐
PROFORMA ‘G’
Statement showing Activity
‐wise Capital Cost of Plant and Machinery or Equipment etc relating to Sugar or Alcohol and other activities
Name of the company:
Name and address of the Factory or Unit
Short Name and Code No. allotted by Directorate of Sugar
For the Period/Year
(Amount in Rupees)
Sno. Particulars Gross Block Depreciation Net Block
Cost as at
beginning of
the year
Additions /
Transfers
during the
year
Deductions /
Transfer
during the
year
Total Cost at
the end of
the year
As at
beginning of
the year
For the year On
deductions
during the
year
Total at the
end of the
yea
As at
beginning of
the year
As at the end
of the year
A. Sugar (specify)
1.
etc
B. Alcohol Activity (specify)
1.
etc
C. Others (specify)
1.
etc
D. Packing
1.
etc
E. Utilities (specify)
F. Common (Production or Administrative or Marketing Overheads
1.
2.
H. Grand Total (A to F)
20
PROFORMA ‘H’
Statement showing Allocation and Apportionment of Total Expenses and Income of the Company
Name of the company:
Name and address of the Factory or Unit
Short Name and Code No. allotted by Directorate of Sugar
For the Period/Year
(Amount in Rupees)
Sno. Particulars Total
Expenses
as per
Audited
Financial
Accounts
Total as per
Annual
Accounts of
sugar Units
Total as per
Annual
Accounts of
Alcohol
Units
Other
Activities
Utilities
(separately
for each)
Factory
Overheads
Administration
Overheads
Marketing
or Selling
and
Distribution
Other cost
centres
(specify)
Non Cost
Expenses
1. Direct Materials (specify)
2. Process Materials (specify)
3. Chemicals (specify)
4.
Power and Fuel
a) Fuel
b) Own Production
5.
Employee Benefits:
a) Salaries, Wages, Bonus Etc.
b) Contr. to Provident and Other Funds
c) Staff Welfare Expenses
6. Consumable Stores and Spares
7.
Repairs and Maintenance
a) Plant and Machinery
b) Buildings
c) Others
8. Other Direct Expenses (specify)
9. Rent
21
Sno. Particulars Total
Expenses
as per
Audited
Financial
Accounts
Total as per
Annual
Accounts of
sugar Units
Total as per
Annual
Accounts of
Alcohol
Units
Other
Activities
Utilities
(separately
for each)
Factory
Overheads
Administration
Overheads
Marketing
or Selling
and
Distribution
Other cost
centres
(specify)
Non Cost
Expenses
10. Insurance
11. Rates and Taxes
12. Payment To Auditors
13. Travelling and Conveyance
14. Communication Expenses
15. Printing and Stationery
16. Bank Charges
17. Sales Promotion Expenses
18. Packing Materials
19. Handling Expenses
20. Miscellaneous Expenses
21. Transportation Charges
22. Quality Control
23. Royalty or Technical Know
24. Technical Assistant Fees
25. Other Statutory Levies
26. Cess
27. Lease Rent
28. Research and Development
30. Packing Expenses
31. Borrowing Charges
32. Loss on Assets Sold, Lost or Written Off
33. Exchange Rate Fluctuations
34. Provision For Doubtful Debts, Advances,
Claims and Obsolescence
‐how
22
Sno. Particulars Total
Expenses
as per
Audited
Financial
Accounts
Total as per
Annual
Accounts of
sugar Units
Total as per
Annual
Accounts of
Alcohol
Units
Other
Activities
Utilities
(separately
for each)
Factory
Overheads
Administration
Overheads
Marketing
or Selling
and
Distribution
Other cost
centres
(specify)
Non Cost
Expenses
35. Provision for Contingencies
36. Depreciation or Depletion
37. Total Expenses
38. Adjustment of Opening and Closing
Work in Progress
39. Less, Credit for Recoveries
40. Less, Self Consumption, if any,
41. Adjustment of Opening and Closing
Finished Goods
42.
Total Cost excluding Excise Duty
43. Excise Duty
44.
Total Cost including Excise Duty
45.
Duty
Total Sales Realization including Excise
46. Add: Export Benefit, if any
47.
Profit as per Profit and Loss Account
23
PROFORMA ‘H
Statement showing Apportionment of Overheads
‐1’
Name of the Company
Name and address of the Factory or Unit
Short Name and Code No. allotted by Directorate of Sugar
For the Period/Year
Factory
Overheads
Administration
Overheads
Marketing or
Selling and
Distribution
Other
Overheads
(specify
Cost Centres
Rs. Rs. Rs. Rs.
Utilities (specify)
Production Cost Centres (specify)
1.
2.
3.
4.
Others (specify)
Total (as per Proforma H)
PROFORMA ‘I’
Statement of Profit Reconciliation (for the company as a whole)
Name of the Company
Short Name and Code No. allotted by Directorate of Sugar
For the Period/Year
Sno. Particulars Current Year
(Rs)
Previous Year
(Rs)
1 Profit or Loss as per Cost Accounting Records
a) For the audited product groups
b) For the un
2 Add: Incomes not considered in cost accounts:
(a) Specify
(b)
(c)
(d)
3 Less: Expenses not considered in cost accounts:
(a) Specify
(b)
(c)
‐audited product groups
24
Sno. Particulars Current Year
(Rs)
Previous Year
(Rs)
(d)
4 Add: Overvaluation of Closing Stock in Financial Accounts
5 Add: Undervaluation of Opening Stock in Financial Accounts
6 Less: Undervaluation of Closing Stock in Financial Accounts
7 Less: Overvaluation of Opening Stock in Financial Accounts
8 Adjustments for others, if any (specify
9 Profit or Loss as per Financial Accounts
NOTES:
1 Separate cost statement shall be prepared for each utility or product or type or
activity group by using the relevant proforma.
2 Separate cost statements shall be prepared in respect of products exported
wherein expenses incurred on exports and incentive earned thereon shall also be
indicated.
2 The items of cost shown in the Proforma are indicative and the same shall be
reflected keeping in mind materiality of each items of cost in the product and
activity group.
3 In case the company follows a pre
above cost statement should reflect figures at actual after adjustment of variances
if any.
4 Details of interest charges relating to loans received at concessional rate from
Sugar Development Fund or Other Funds shall be indicated separately for each
loan indicating the period of repayment in a separate statement.
5 All items of income and expenditures in the Proforma ‘H’, ‘H
reconciled with the financial account for the relevant period or year.
[F. No. 52/7/CAB
B.B.GOYAL
Adviser (Cost)
‐determined or standard costing system, the‐I’ and ‘I’ shall be‐2011]
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