Complied AIComplied AI
Compliance calendar
MCAMCA annual filings

Cost records maintenance

The standing duty to maintain cost records in CRA-1 where the sector and turnover conditions apply.

How this is timed

Standing duty, no filing date

Regulator
MCA
Category
MCA annual filings
Form
Not specified
Last verified
1 Sept 2026
Read statutory basis

Cost records are a continuous duty, not a filing with a yearly due date. Rule 3 applies to listed sectors when overall turnover is at least ₹35 crore. Cost audit under rule 4 has separate thresholds, including ₹50 crore overall turnover and ₹25 crore for the relevant product or service under item (A).

Deadlines counted from an event

These have no calendar date. The clock starts when the event happens.

Standing duty

Maintain cost records in CRA-1 continuously while the sector and turnover conditions apply.

The rule

Stated as the law states it, so you can work out any period yourself.

Maintain cost records

Maintain cost records in CRA-1 continuously while the sector and turnover conditions apply.

Who must comply

  • A company in a sector listed in rule 3 with overall turnover of at least ₹35 crore

Carve-outs

  • A company outside the sectors or turnover conditions in rule 3

Statutory basis

Read the provision here where we hold it, or on the regulator's site.

Before you file

  • Check the sector list in rule 3.
  • Check the applicable turnover thresholds.

How to file

  1. 1Maintain the applicable cost records in CRA-1.
  2. 2Update the records while the company remains within rule 3.

Recent changes affecting this

From the regulator's own circulars and notifications.

Last verified 1 Sept 2026. Confirm against the official source before you rely on it.

Search Complied AI

Laws and sections by number or title, due dates, pages, and updates.