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Union of India - Section

Section 23 in The Cost Audit Report Rules, 2001

23. Value Addition and Distribution of Earnings:

Particulars Current Year 1stPrevious Year 2ndPrevious Year
A. Value Addition(for the product underreference)      
1. Gross sales (excluding returns)      
2. Less excise duty etc.      
3. Net Sales      
4. Adjustments in stocks      
5. Less: cost of bought out materials andservices      
6. Value added      
7. Add: income from any other sources      
8. Earnings for distribution      
B. Distribution of earning to:      
1. Employees as salaries and wages, retirementbenefits etc.,      
2. Shareholders as dividend      
3. Retained funds as depreciation etc.      
4. Government as taxes (specify)      
5. Others, if any (specify)      
6. Total