Page 173 - DCOM206_COST_ACCOUNTING_II

Cost Accounting – II

Notes (b) The aggregate value of the turnover made by the company from sale or supply of all
its products during the preceding financial year does not exceed ten crore rupees.
These rules shall apply to every company engaged in the production, processing or
manufacture of Electronic products and components thereof 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 industries undertaking under the provisions of the Industries
(Development and Regulation) Act, 1951 (65 of 1951); and
(b) The aggregate value of the turnover made by the company from sale or supply of all
its products during the preceding financial year does not exceed ten crore rupees.
40. Electricity: These rules shall apply to every company engaged in any of the following
activities, namely:
(1) Generation of electricity from:
(a) thermal power
(b) gas turbine

(c) hydro-electric power
(d) atomic power
(e) solar power
(f) wind power

(g) any other source of energy;
(2) Transmission and bulk supply of electricity;
(3) Distribution and retail supply of electricity: 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

(b) The aggregate value of the turnover made by the company from sale or supply
of all its products or activities during the preceding financial year does not
exceed ten crores of rupees.
41. Plantation Product: These rules shall apply to every company engaged in production,
processing or manufacture of product(s) as specified in the Appendix to these rules: Provided
that these rules shall not apply to a company:
(a) The aggregate value of machinery and plant installed wherein, as on the last date of
the preceding financial year, does not exceed limit as specified for a small scale
industrial undertaking under the provisions of Industries (Development and
Regulation) Act, 1951 (65 of 1951); and
(b) The aggregate value of the turnover made by the company from sale or supply of all
its products during the preceding financial year does not exceed ten crores of rupees.

42. Petroleum Industry: They shall apply to every company engaged in production, processing
and manufacturing of crude oil, gases (including Compressed Natural Gas or Liquified

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