MCA proposes to include Statement of Reconciliation of GST in Cost Audit Report w.e.f. July 1, 2017
(Date: 7/08/2018)The Ministry of Corporate Affairs has proposed amendment to the Companies (Cost Records and Audit) Rules, 2014 to bring a new reporting requirement of Statement of Reconciliation of GST in the Cost Audit Report.
Accordingly, the Draft Companies (Cost Records and Audit) Amendment Rules, 2018 have been placed on the Ministry’s website www.mca.gov.in for suggestions/ comments.