The Company shall e-file its application with the
Central Government on www.mca.gov.in portal, in the prescribed Form 23C within
ninety (90) days from the date of commencement of each financial year, along
with the prescribed fee as per the Companies (Fees on Application) Rules, 1999
as amended from time to time and other documents as per existing practice i.e.
(i)
certified copy of the Board Resolution proposing
appointment of cost auditor;
and
(ii) copy of the certificate obtained
from the cost auditor regarding compliance of section 224 (1- B) of the Companies Act, 1956
However
where a company is covered under cost audit for the first time vide cost audit
order dated 2nd may 2011 , 3rd may 2011 , 30th
june 2011 or 24th jan 2012 , the period of 90 days shall be counted
from the date of concerned order. Every company has to follow the procedure
prescribed vide MCA Circular No.15/2011 dated April 11 , 2011.
Thus Last Date for Filing Form 23C reg. Appointment of Cost Auditor for FY 2012-13 was 29th June 2012. Those who have not filed till date has to file the Form 23C along with additional fee as given below.
Till 6th
August 2012 , there were no penal provisions in the companies ( Fees on
Applications) Rules, 1999 for delay in filing of Forms but as per MCA notification dated 7th August 2012
, the penal provisions have been made applicable w.e.f. 7th Aug 2012 which are given below.
Period of Delay
Fee Payable with the Application
Up to 30 days
|
Two times of normal fee
|
More than 30 days
and up to 60 days
|
Four times of normal fee
|
More than 60 days
and up to 90 days
|
Six times of normal fee
|
More than 90 days
|
Nine times of normal fee
|
Normal Fee as per the Companies (Fees on
applications ) Rules , 1999 :
Application
made by : Amount
of Fees to be paid(Rs.)
1
A Company having an Authorised Share Capital of
(a) Less than Rs.25
Lakh 500.00
(b) Rs.25 Lakh or more but less than Rs.5 Cr 1000.00
(c) Rs. 5 Cr or
More 2000.00
2. A company limited by Guarantee but not
having a share capital 500.00
3. By an Association or proposed company for
issue of licence
under section 25
of the Act
500.00
4. By a company having a valid licence issued
under section 25 of the Act 500.00
5. By a Foreign Company 1000.00
By Krishna Dasan.A
ACMA
A.Krishna Dasan & Co.
Cost and Management Accountants
2 & 12(FF), DDA Commercial Complex
C-2-C Block, Pocket 2, Janak Puri,
New Delhi-110058
Mob: 98711-28831, 93111-28831