Annexure-1  :  LIST OF INDUSTRIES COVERED UNDER COST AUDIT
S.No.	Name of the Industry	Description of Activity and Relevant Chapter Heading of the Central Excise Tariff Act, 1985	Criteria	Cost Audit w.e.f.
1	Telecommunication Industry	Act, process, procedure, function, operation, technique, treatment or method employed in relation to telecasting, broadcasting, telecommunicating voice, text, picture, information, data or knowledge through any mode or medium	a)Aggregate Value of networth as on the last day of immediately preceding financial year year exceeds Rs. 5 Crores, OR b)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 c) wherein the company’s equity or debt securities are listed or are in the process of listing on anystock exchange, whether in India or outside India	1st April 2011
2	Petroleum Industry	Chapter 27 of CETA 1985 or Production, processing, manufacturing or mining of crude oil, gases [including Natural Gas, Compressed Natural Gas, Liquefied Petroleum Gas and regasified gases, etc. as defined in the Petroleum and Natural Gas Regulatory Board Act, 2006 (19 of 2006)] or Biogas or any other petroleum products		1st April 2011
3	Electricity Industry	Generation of electricity from any source of energy, and includes transformation, transmission, distribution, and/or supply of electricity by any mode, or medium		1st April 2011
4	Sugar Industry	Chapters 17 and 22 of CETA 1985 orProduction, processing, or manufacturing of any form or grade of sugar, molasses, or alcohol (including ethyl alcohol, rectified spirit, absolute alcohol, denatured alcohol, power alcohol, or solvent blends etc. but excluding potable alcohol) by using any raw materials		1st April 2011
5	Fertilizer Industry	Chapter 31 of CETA 1985 or 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)		1st April 2011
6	Pharmaceutical Industry	Chapters 29 and 30 of CETA 1985 or Production, processing, or manufacturing of bulk drugs or formulations and includes the meaning assigned to them under the Drugs (Prices Control) Order 1995		1st April 2011
7	Industrial Alcohol			1st April 2011
8	Cement	Chapter 25, 38 and 68 of CETA 1985	a)      Companies having turnover exceeding Rs 100 crores in the immediately preceding financial year OR  b)      Companies whose equity or debt securities are listed or are in the process of listing	1st April 2011
9	Insecticides	Chapter 38 (includes all classes of Insecticides as defined under clause (e) of section 3 of the Insecticides Act, 1986 (46 of 1968) and included in the schedule annexed to the said Act and as amended from time to time.		1st April 2011
10	Tyres & Tubes	Chapter 40 of CETA 1985		1st April 2011
11	Steel	Chapter 72 and 73 of CETA 1985		1st April 2011
12	Paper	Chapter 47 and 48 of CETA 1985		1st April 2011
13	Glass	Chapter 70 of CETA 1985		1st April 2011
14	Paints & Varnishes	Chapter 32 of CETA 1985		1st April 2011
15	Aluminum	Chapter 76 of CETA 1985		1st April 2011
16	Jute, Cotton, Silk, Woolen or Blended Fibers/Textiles	Chapters 50 to 63 of CETA 1985	a)    Companies having turnover exceeding Rs 100 crores in the immediately preceding financial year              OR       b)      Companies whose equity or debt securities are listed or are in the process of listing	1st April 2012
17	Edible Oil Seeds and Oils (including vanaspati)	Chapters 12 and 15 of CETA 1985		1st April 2012
18	Packaged Food Products	Chapters 2 to 25 (except Chapters 5, 6, 14, 23 and 24) of CETA 1985		1st April 2012
19	Organic & Inorganic Chemicals	Chapters 28, 29, 32, 38 and 39 of CETA 1985		1st April 2012
20	Coal & Lignite	Chapter 27 of CETA 1985		1st April 2012
21	Mining & Metallurgy of Ferrous & Non-Ferrous Metals	Chapters 26 and 74 to 83 (except Chapters 76 and 77) of CETA 1985		1st April 2012
22	Tractors & other Motor Vehicles (incl. automotive components)	Chapters 84, 85 and 87 of CETA 1985		1st April 2012
23.	Plantation Products	Chapters 8, 9, 21 and 40 of CETA 1985		1st April 2012
24	Engineering Machinery (incl.	Chapters 84 and 85 of CETA 1985 Electrical & Electronic products)		1st April 2012

By

Krishna Dasan.A

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