CRA COMPLIANCE CALENDAR COST AUDIT INDIAN COMPANIES
Posted on 31 May 2025, 07:15 PM
This blog provides a month-wise compliance calendar for CRA-1 to CRA-4 cost audit filings under the Companies Act, 2013. It covers everything from maintaining cost records and appointing a cost auditor via CRA-2, to submitting the audit report in CRA-3 and final MCA e-filing through CRA-4 in XBRL format. Designed for Indian companies in regulated and non-regulated sectors, the guide ensures you stay penalty-free and 100% compliant. Learn how SSCOIndia helps streamline your cost audit filings with ready templates, expert filing support, and a live compliance tracker.
Introduction:CRA-1 to CRA-3 Compliance Calendar for Indian Companies [2025] Cost audit compliance i... Read More
COST VS FINANCIAL RECORDS INDIA COMPLIANCE GUIDE
Posted on 31 May 2025, 06:38 PM
This blog explains the difference between cost records and financial records under the Companies Act 2013. Learn why both are mandatory, how to prepare a CRA-1 reconciliation statement, and the penalties for non-compliance. Discover how SSCOIndia helps with industry-specific templates, CRA-2 to CRA-4 filing, and audit-ready documentation.
Introduction In today’s regulatory environment, maintaining accurate and transparent records... Read More
PENALTIES COST AUDIT NON COMPLIANCE CRA2 CRA3 CRA4 2025
Posted on 30 May 2025, 12:18 AM
In this comprehensive guide, learn everything companies must know about penalties for non-compliance with cost audit rules in 2025. Understand the legal framework under Section 148 of the Companies Act, critical deadlines for CRA-2, CRA-3, and CRA-4 filings, and the real-world consequences of late or incorrect submissions. Discover how SSCOIndia’s expert services help you stay compliant, avoid hefty fines, and protect your directors from disqualification. Don’t risk costly penalties—get a free cost audit compliance review today!
Penalties for Non-Compliance with Cost Audit Rules: What Companies Must Know [2025] Introduction T... Read More
PENALTIES FOR NON FILING ITR 2025 UPDATED RULES
Posted on 29 May 2025, 08:30 AM
Avoid costly penalties in FY 2024–25 by understanding the new ITR filing rules for 2025. Learn about late fees under Section 234F, interest under Section 234A, deadlines for belated and updated returns (ITR-U), and how to stay compliant with the latest income tax laws.
Introduction Filing your Income Tax Return (ITR) on time is not just a legal obligation—it&rs... Read More
ACCURATE CRA3 ANNEXURE PREPARATION COST AUDIT SUPPORT SSCOINDIA
Posted on 29 May 2025, 12:09 AM
Preparing accurate cost audit annexures like CRA-3 is crucial for statutory compliance and financial transparency under Companies Rules 2014. This blog highlights the importance of precise annexure preparation, common challenges faced by businesses, and how SSCOIndia offers expert, sector-specific solutions to ensure error-free filings. Discover why partnering with SSCOIndia guarantees seamless CRA-3 annexure preparation, timely submissions, and comprehensive post-filing support. Book your cost audit compliance services today to avoid penalties and streamline your audit process.
Introduction: Why CRA-3 Annexures Matter in Cost Audit Compliance When it comes to cost audit compl... Read More
CRA 3 COST AUDIT REPORT FILING INDIA
Posted on 28 May 2025, 11:46 PM
Filing the CRA-3 cost audit report is a mandatory compliance step for companies under Section 148 of the Companies Act. This blog explains the full structure of the CRA-3 form, including the auditor's opinion, product-wise cost annexures, and reconciliation with financial records. It also includes a practical checklist, required attachments, and the most common mistakes businesses should avoid. Whether you’re an MSME or an enterprise, CRA-3 filing must be aligned with CRA-4 for successful MCA compliance. Learn how SSCOIndia helps companies with end-to-end CRA-3 preparation—from internal cost record review to format validation and digital filing—so you stay penalty-free in FY 2025.
Introduction: Understanding the Importance of CRA-3 in Cost Audit Compliance In today’s compl... Read More
CRA 2 COST AUDITOR APPOINTMENT INDIA
Posted on 28 May 2025, 12:01 AM
Appointing a cost auditor is a legal obligation under Section 148 of the Companies Act for companies subject to cost audit. This blog explains the complete process for CRA-2 filing—from passing the board resolution, obtaining auditor consent, to e-filing on the MCA portal. It also covers critical deadlines, penalties for delays, how to handle auditor vacancy under Rule 6, and common mistakes to avoid. With real insights and step-by-step guidance, this blog is perfect for MSMEs and enterprises aiming for full cost audit compliance. Learn how SSCOIndia can help you file CRA-2 to CRA-4 flawlessly and stay penalty-free in 2025.
Introduction: Why Cost Auditor Appointment Matters Under Section 148 In India, compliance is no lon... Read More
HOW TO MAINTAIN CRA1 COST RECORDS GUIDE 2025
Posted on 27 May 2025, 11:40 PM
This blog offers a comprehensive, step-by-step guide to maintaining CRA-1 cost records in 2025 as required under Rule 3 of the Companies (Cost Records and Audit) Rules, 2014. It explains the 30 prescribed cost heads in detail—from material and utility costs to depreciation and reconciliation with financial records. The blog includes industry-specific examples, best practices for monthly recordkeeping, and how SSCOIndia simplifies CRA-1 to CRA-4 compliance with ERP templates, Excel sheets, and audit support.
Introduction: What is CRA-1 and Why Maintaining Cost Records Matters In an increasingly compliance-... Read More
INDUSTRIES MAINTAIN COST RECORDS RULE 3 CRA1 2025
Posted on 26 May 2025, 11:58 PM
This blog outlines the full list of industries that must maintain cost records in 2025 under Rule 3 of the Companies (Cost Records and Audit) Rules, 2014. It clearly explains the difference between cost records and cost audit and provides sector-wise classification for regulated and non-regulated industries. Learn what must be included in CRA-1 records, turnover thresholds, legal consequences of non-compliance, and how SSCOIndia helps ensure audit-ready records and CRA filings. Ideal for businesses in pharma, steel, textile, electronics, and more. Book your free CRA-1 consultation today.
Introduction: Understanding Cost Record Maintenance Under Rule 3 As India moves further into a comp... Read More
INDUSTRIES MUST MAINTAIN COST RECORDS RULE 3 COMPLIANCE 2025
Posted on 22 May 2025, 01:04 AM
This comprehensive guide breaks down the Companies (Cost Records and Audit) Rules, 2014—highlighting industries that must maintain cost records under Rule 3. Understand the difference between regulated and non-regulated sectors, financial thresholds, exemptions, and penalties. Get a ready-to-use compliance checklist for 2025 and consult SSCOIndia’s experts for hassle-free audit support.
Introduction: Understanding Cost Records Under the Companies Act, 2013 In the dynamic business envi... Read More