The government has detailed the e-form CRA-4 and its relevant guidelines with due dates as well as the threshold limits of form applicability. The post also includes the annexures with the dates as part of overall compliance. Check out in detail below:
e-Form CRA-4 Rules and Sections Under Company Act
Part I – Law(s) Governing the e-Form CRA-4
Rule Number (s): e-Form CRA-2 is needed to get furnished pursuant to section 148(6) of Companies Act, 2013 and rule 6(6) of the Companies (cost records and audit) Rules, 2014 that are reproduced for your reference.
Section 148 (6): A company shall within thirty days from the date of receipt of a copy of the cost audit report prepared in pursuance of a direction under sub-section (2) furnish the Central Government with such report along with full information and explanation on every reservation or qualification contained therein.
Rule 6 (6): Each firm used to cover beneath the same compliance in a duration of 30 days from the date of receipt of a copy of the cost audit report filed by the Union government with the same report and through the complete details and elaboration upon every reservation or qualification prescribed in it in form CRA-4 and the fees mentioned in the Companies (Registration Offices and Fees) Rules, 2014.
Read Also: Cost Auditor, CRA 1 to CRA 4 Forms of the Companies Act 2013
The Intention of The e-form CRA-4
Every cost auditor hired will furnish the report of the cost audit to the firms in 180 days from the closure of the fiscal year in the form of CRA-3. Moreover, the firm will submit the same cost report to the government and the complete details upon each reservation or qualification which is pointed via auditor under the 30 days from the receipt of the cost audit report inside the Form CRA-4.
Particular Compliance for Furnishing the e-Form CRA-4 at Field Level
Part II – Instructions to fill the eForm CRA-4
The guidelines to furnish the e-form are mentioned in the below table. Only the essential fields which need the brief guidelines is to get furnished in the e-form are elaborated. The self-explanatory fields are not be elaborated.
| S. No/ Section Name | Field Name | Instructions | |||
|---|---|---|---|---|---|
| 1 | a | Corporate IdentityNumber (CIN) | Insert the Correct CIN of the company. One might see CIN by entering the current registration number or name of the company on the MCA website. (www.mca.gov.in) The Company must be in Active status. See the status in the Master data of the company available at the MCA site. | ||
| 1 | Pre-fill button | Tap on the pre-fill button. On tapping the button, the system will automatically show the name, enrolled office address, email id along with the phone number. | |||
| 3 | a | The financial year for which audit is made | Insert the start and the end date of the fiscal year for which the audit is to be conducted. | ||
| 3 | b | Date of Board of Directors meeting inwhich Annexure to the cost audit report was approved | Insert the date where the annexure to the cost audit report was permitted | ||
| 4. | i | The company is engaged in the production of | Choose the radio button value if the company is pledged in single or multiple products/services. | ||
| 4 | ii | The company comes under the below categories need the audit of the cost records | Insert the Number of products or services covered beneath the class chosen for which auditor is hired | ||
| 5. | a | Information about the product(s)/services(s) comes beneath various class for which auditor(s) is/are appointed | Insert information about the products/ services undergone beneath the class opted towards which auditor is hired like :Involved in the production of goods in strategic sectorsInvolved in an industry controlled via sectoral Regulator or any Ministry/Department of Central Government.Operating in areas engaging public interestInvolved in the production, import, and supply or trading of medical devices | ||
| 6 | i | Number of cost auditor(s) hired to per form CRA-2 | Insert the number of cost auditors to be hired for the company as per eform CRA-2 | ||
| 6 | ii | Number of cost audit reports obtained | Insert the obtained number of cost audit reports. | ||
| 6 | ii | Towards the concern, if the number of cost audit reports is smaller with respect to the number of cost auditors hired, then mention the causes. | If the number of cost audit reports obtained is less with respect to the number of the accost auditors hired, the firms require to tell the issues. | ||
| 6 | i | Information of the cost auditors hired | Insert the information about every auditor hired along with the information like: Category of the auditorMembership number of the cost auditor or member representing the firm/LLPName of the cost auditor or member representing the firm/LLP.Registration number of the firm/LLPAddress of the auditorEmail of the auditorDate of the board meeting in which the auditor was hired. | ||
| 6 | Ii a | Cost audit report information | Insert the information of the cost audit report like the receipt date of the cost audit report through the firm from the cost auditor. | ||
| 6 | b | If the cost auditors report have been entitled | Show if the cost auditors report gets entitled. If yes is chosen then insert the remarks. | ||
| 6 | c | If the cost auditors report have any bad remarks | Show that if the cost auditors report poses any bad remarks. If yes is chosen then insert the remarks. | ||
| 6 | d | If the cost auditors report consists of any observations or recommendations | Show that if the cost auditors report poses the observations or recommendations. If yes is chosen then insert the observations/ recommendations. | ||
| To be digitally signed by | Declaration | Insert the serial number and the date of board resolution approving the signatory to sign and submit the eForm. | |||
| DSC | Director, Managing Director, Manager, CEO, CFO, or Company Secretary should sign the e-form digitally. | ||||
| Formerly register, then please enroll it prior to signing this form.The disqualified director must not be able to sign the form. | |||||
| DIN or Income-tax PAN or Membership number | If the eform is signed digitally by the director or managing Director insert the approved DIN.If the person digitally signing the eForm is Manager, Chief Executive Officer (CEO) or Chief Financial Officer (CFO) Enter valid income-tax PAN or DIN.If the individual digitally signed the eform is a Company Secretary insert an effective membership number. | ||||
| Attachments | Cost Audit reportOptional attachment(s), if any | ||||
Instructions to Furnish e-Form CRA-4
| Buttons | Particulars |
|---|---|
| Pre-Fill | The pre-fill button would be present more than once in the e-form. The button is present subsequent to the field that would be automatically furnished through the MCA database. Tap the button to populate the field. Note: one is needed to get linked to the internet to utilize the pre-fill functionality. |
| Attach | Tap on the same document to browse and choose the document which requires attaching the e-form. All the attachments must be scanned in pdf format. One would need to tap the attach button respective to the document in which you are building the attachment. If you want to attach any additional document then tap on the optionally attach button. |
| Remove Attachment | One would see the attachments added to the e-form in the list of the attachment field. So as to eliminate the attachment from the e-form choose the attachment in the list of the attachment field and tap the Remove attachment button. |
| Check Form | Tap on the check form button post furnishing the e-form framework executes the form level validation checks if all the essential fields get furnished. The system shows the errors and gives you a chance to amend the errors. Amend the marked errors. Repeat tapping on the check form button and the system shall perform the form level validation once again. On the successful verification, a message gets prompt “Form level pre scrutiny is successful”.Note: No Internet connectivity is needed by the check form functionality. |
| Modify | The modify button gets enabled, post to checking of the eForm via check Form button. For doing the amendments to the filled and checked form: 1. Tap on the Modify button. 2. Make the changes to the filled eForm. 3. Tap on the Check Form button to check the e-Form again. |
| Pre scrutiny | Post to checking the eForm, tap on the Prescrutiny button. The system functions checks and prompts the errors. Rectify the errors. Again tap the Prescrutiny button. If there are no errors then a message gets prompted “No errors found”. Internet connectivity is needed for the pre scrutiny functionality. You must attach the signatures prior to tapping on the pre scrutiny. |
| Submit | The button is disabled at the current times |
Due Date for Filing e-Form CRA-4
| Sno | Purpose of the Form | Normal Fee | Additional Fee (Delay Fee) | Logic for Additional Fees | Remarks for Due Date |
|---|---|---|---|---|---|
| Event Date | Time limit(days) for filing | ||||
| 1 | Filing Cost Audit Report with the Central Government | The Companies (Registration offices and Fees) Rules, 2014 | Date of receipt of the cost audit report from cost auditor | 30 days | |
The fee is subjected towards the amendment in the pursuance of the Act or any rule or regulation produced or notification issued.
Processing Type: The e-form shall be processed in the STP mode and shall be “Taken on Record” through the framework. Upon processing of the e-form, the information shall be secured through MCA.
Email: When the e-form is enrolled through the council then the recognition of that is furnished to the user in an email form during the finish of the day of the email id of the firm.
Applicable Fee for Filing CRA-4 e-Form
The Companies (Registration of Offices and Fees) Rules, 2014
- Fee for filing e-Forms or documents if the company has shared capital
| Nominal Share Capital | Fee Applicable |
|---|---|
| Less than 1,00,000 | Rupees 200 per document |
| 1,00,000 to 4,99,999 | Rupees 300 per document |
| 5,00,000 to 24,99,999 | Rupees 400 per document |
| 25,00,000 to 99,99,999 | Rupees 500 per document |
| 1,00,00,000 or more | Rupees 600 per document |
Fee towards furnishing the e-Forms or documents for the concern of the firm not having a share capital
| Fee applicable |
| Rupees 200 per document |
Additional Fee Compliance with Due Date
| Period of Delays | All Forms |
|---|---|
| Up to 30 days | 2 times of normal fees |
| More than 30 days and up to 60 days | 4 times of normal fees |
| More than 60 days and up to 90 days | 6 times of normal fees |
| More than 90 days and up to 180 days | 10 times of normal fees |
| More than 180 days | 12 times of normal fees |
CRA-4 e-Form in PDF Format
