Page 172 - DCOM206_COST_ACCOUNTING_II

Unit 9: Cost Accounting Records

34. Soaps & Detergents: These rules shall apply to every company engaged in the production, Notes
processing or manufacture of cleansing material used for cleaning, laundry/washing,
bathing/toilet purposes and includes soaps and detergents (whether in the form of cake,
powder or liquid), excepting those companies falling under the category of Small Scale
Industrial Undertakings.
35. Cosmetics & Toiletries: These rules shall apply to every company engaged in the
production/processing or manufacture of any article intended to be rubbed, poured,
sprinkled or sprayed on, or introduced into or otherwise applied to the human body or
any part thereof or otherwise for cleaning, beautifying, promoting attractiveness or
altering the appearance and includes the classes of preparations as specified in the Appendix
and those added thereto from time to time by notification the official Gazette, excepting
those companies falling under the category of small scales industrial undertakings.
36. Footwear: These Rules shall apply to every company engaged in the production, processing
or manufacture of the Foot wear including shoes, boots, sandals, chappals, slippers play
shoes and moccasins.
The provision of sub-rule (1) shall not apply to a company.
(a) The aggregate value of the machinery and plant installed wherein company does
not exceed the limit as specified for a small scale Industrial undertaking under the
Industries (Development and Regulation Act 1951(65 of 1951), as on the last date of
the preceding financial year
(b) The aggregate value of the turnover made by the company from the sale or supply
of all its products during the preceding financial year does not exceed ten crore
rupees.
37. Shaving Systems: These Rules shall apply to every company engaged in the production,
processing or manufacture of the classes of shaving systems used for shaving purposes by
human beings, whether electronic or electric or mechanical or manual, as specified in the
appendix (annexed) to these rules: Expecting those companies falling under the category
of small scales Industries under taking.
38. Industrial Gases: These rules shall apply to every company engaged in the production, or
manufacture of the classes of the Industrial Gases specified in the appendix annexed to
these rules:
Provided that these rules shall not apply to a company:
(a) Aggregate value of machinery and plant installed wherein does not exceed the limit
specified for a small scale industrial undertaking under the Industries (Development
and Regulation) Act 1951 (65 of 1951), as on the last date of the preceding financial
year; and

(b) The aggregate value of the realisation made by the Company from the sale or
supply of all its products during the preceding financial year does not exceed ten
crore rupees.
39. Mining and Metallurgy: These rules shall apply to every company engaged in the mining,
production, processing or manufacturing activities of any of the products (metals and
non-metals, their minerals, ores and alloys) as specified in the Appendix to these rules:
Provided that these rules shall not apply to a company,

(a) The aggregate value of the machinery and plant installed wherein, as on the last
date of the preceding financial year, does not exceed the limits as specified for a
small scale industrial undertaking under the provisions of Industries (Development
and Regulation) Act, 1951 (65 of 1951); and

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