(a)

(b)

signed by a cost accountant in the specified form of compliance report;

(c)

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

of that Act and includes a firm of cost accountants;

(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;

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(f) “fertilizer activities” means production, processing, manufacturing or mining of

any type of fertilizers whether nitrogenous, phosphatic, potassic or complex

(organic, inorganic or mixed) and includes all types of fertilizers as defined in

clause (h) of section 2 of the Fertilizer (Control) Order, 1985 made under section

3 of the Essential Commodities Act, 1955 (10 of 1955) or included under Chapter

31 of the Central Excise Tariff Act, 1985 (5 of 1986), and further includes the

intermediate products and articles or allied products or activities thereof;

(g) “Form

and other documents with the Central Government in the electronic mode;

(h) “Form

the compliance report;

(i) “Generally Accepted Cost Accounting Principles” means the principles of cost

accounting issued by the Institute;

(j) “Institute” means the Institute of Cost and Works Accountants of India

constituted under the Cost and Works Accountants Act, 1959 (23 of 1959);

(k) “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;

(l) “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;

(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

the Act shall have the same meanings as assigned to them in the Act or rules, as

the case may be.

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3.

defined under section 591 of the Act, which is engaged in the production, processing,

manufacturing, or mining of fertilizer 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 equity or

debt securities are listed or are in the process of listing on any stock exchange, whether

in India or outside India: