- Company Law
- FAQ
- FAQs on Cost Audit forms
This FAQ provides guidance on Cost Audit–related forms prescribed under the Companies Act, 2013, applicable to companies covered under cost audit requirements. It explains the purpose and applicability of forms such as those relating to appointment of cost auditors, filing of cost audit reports, and intimation to authorities, along with statutory timelines, responsibilities of companies and cost auditors, required disclosures, and penalties for non-compliance. The FAQ serves as a practical reference for ensuring timely and accurate cost audit compliance with the Ministry of Corporate Affairs through the Registrar of Companies (ROC).
| 1. What is Form CRA-2? |
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Form CRA-2 is used to intimate the appointment of a Cost Auditor to the Registrar of Companies (ROC) under Section 148(3) of the Companies Act, 2013 read with Rule 6(2) of the Companies (Cost Records and Audit) Rules, 2014. |
| 2. What is the due date for filing CRA-2? |
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CRA-2 must be filed within 30 days of the Board of Directors' meeting in which the Cost Auditor is appointed and 180 days of the beginning of the financial year whichever is earlier. |
| 3. Who needs to file CRA-2? |
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Every company required to maintain cost records and conduct cost audit under Section 148 must file CRA-2 for appointment of a Cost Auditor. |
| 4. Who can be appointed as Cost Auditor? |
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Only a Cost Accountant in practice or a firm of cost accountants holding a valid certificate of practice can be appointed as Cost Auditor. |
| 5. What are the attachments required with CRA-2? |
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The following are mandatory attachments: |
| 6. What details are required in CRA-2? |
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Corporate identity number (CIN) of the company. |
| 7. What are the options available in CRA-2 for appointment of Cost Auditor? |
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A. Original |
| 8. How to file CRA-2 on MCA V3 Portal? |
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Steps: |
| 9. What are the filing fees for CRA-2? |
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Fees depend on the nominal share capital of the company as per Companies (Registration Offices and Fees) Rules, 2014. |
| 10. What is the penalty for delay in filing CRA-2? |
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Company: ₹100 per day till default continues (Section 450). |
| 11. Can CRA-2 be revised or resubmitted in V3? |
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No, it is a Straight Through Process Form. |
| 12. What is the difference between CRA-2 and CRA-4? |
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Form Purpose: |
| 13. What if the Cost Auditor resigns or is changed? |
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If a Cost Auditor resigns or is removed, a new CRA-2 must be filed within 30 days of the new appointment |
| 14. Who signs CRA-2? |
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CRA-2 must be digitally signed (DSC) by: |
| 15. Is SRN generated after submission? |
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Yes. A Service Request Number (SRN) is generated after successful submission, which can be used to track the form status on MCA V3 portal. |
| 16. Common errors while filing CRA-2 in V3 |
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Invalid or expired DSCs. |
| 17. Can a CRA-2 be filed for a term of five years. |
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No, CRA-2 is a yearly filing form, it cannot be filed for a term of 5 years. |
| 18. Can a user filed CRA-2 for multiple times for Original purpose? |
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No, A user can file one CRA-2 in case of purpose selected original filing in the form and cannot file multiple CRA-2 for original purpose. |
| 19. What is the category 'others' |
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Other category can be used for any other reason for filing CRA-2 except the A to E purposes provided in the form. |
| 20. Limit for no. of product and services to be entered in field no. 3(a) and 3(b) |
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As per existing functionality, there is a limit of 15 entries to be entered in each field i.e. 3(a) and 3(b). |
| 21. I am entering SRN of CRA-2 in Form CRA-4 but it is not getting prefilled. |
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Please note that the - |
| 22. Why is the AGM date mandatory in CRA-4 when the AGM hasn’t been held? |
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Please note that if you selected field whether extension is granted as yes, then only it is mandatary to give details of AGM and you can file Form CRA-4 within 30 days of AGM without late fee. |
Author Bio
Saurabh Kesarwani
A dedicated CS Trainee with a passion for corporate governance and the "fine print" of legal documentation. View Full Profile


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