Costing Taxonomy of CRA4 is under development

The Ministry of Corporate Affairs on 12th September 2019 has issued a notice to stakeholders regarding the filing of CRA-4 (Cost Audit Report) for Financial Year 2018-19. MCA has notified that Costing Taxonomy 2019 to cater the annual filing of CRA-4 (Cost Audit Report) for Financial Year 2018-19 is under development.

The companies which have not filed CRA-4 yet for FY 2018-19, are required to use Costing Taxonomy 2019 only. MCA has requested such companies to await deployment of Costing Taxonomy 2019 on MCA21 portal. Sufficient time would be provided for filing after Costing Taxonomy is deployed, without the levy of additional charges.

Companies which have already filed CRA-4 (Cost Audit Report) using the existing Costing Taxonomy 2015 for FY 2018-19, are not required to file fresh report.

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