Business Activity Codes for MGT-7 Annual Return for Fin Year 14-15

Main Activity Code	Description of Main Activity	Business Activity Code	Description of Business Activity
A	Agriculture, forestry, fishing	A1	Production of crops and animals
		A2	Forestry and logging
		A3	Fishing and aquaculture
		A4	Support activities to agriculture and Other Activities including hunting
B	Mining and quarrying	B1	Mining of Coal and lignite
		B2	Extraction of Crude Petroleum & Natural gas
		B3	Mining of Metal Ores
		B4	Other Mining & Quarrying Activities
		B5	Mining Support Services activities
C	Manufacturing	C1	Food, beverages and tobacco products
		C2	Textile, leather and other apparel products
		C3	Wood and wood products, furniture, paper and paper products
		C4	Printing, reproduction of recorded media
		C5	Coke and refined petroleum products
		C6	Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products
		C7	Metal and metal products
		C8	Plastic products, non-metallic mineral products, rubber products, fabricated metal products
		C9	Computer, electronic, Communication and scientific measuring & control equipment
		C10	Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment
		C11	Motor vehicles, trailers, semi trailers and other Transport Vehicles
		C12	Repair & installation of machinery & equipment, motor vehicles
		C13	Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities
D	Electricity, gas, steam and air condition supply	D1	Electric power generation, transmission and distribution
		D2	Manufacture of gas, distribution of gaseous fuels
		D3	Steam and air conditioning supply
E	Water supply, sewerage and waste management	E1	Water collection, treatment and supply
		E2	Sewerage
		E3	Waste collection, treatment and disposal activities, materials recovery and Other waste management services
F	Construction	F1	Buildings
		F2	Roads, railways, Utility projects
		F3	Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities
G	Trade	G1	Wholesale Trading
		G2	Retail Trading
H	Transport and storage	H1	Land Transport via Road
		H2	Land transport via Railways & Pipelines
		H3	Water transport
		H4	Air transport
		H5	Services incidental to land, water & air transportation
		H6	Warehousing and storage
		H7	Postal & Courier activities
I	Accommodation and Food Service	I1	Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc.
		I2	Food and beverage services provided by hotels, restaurants, caterers, etc.
J	Information and communication	J1	Publishing of Newspapers, Books, periodicals, etc. activities
		J2	Publishing of computer operating systems, system software, application software, games, etc.
		J3	Motion picture, video and television programme production, sound recording and music publishing activities
		J4	Broadcasting and programming activities
		J5	Wired, wireless or satellite Telecommunication activities
		J6	Computer programming, consultancy and related activities
		J7	Data processing, hosting and related activities; web portal
		J8	Other information & communication service activities
K	Financial and insurance Service	K1	Banking activities by Central, Commercial and Saving banks
		K2	Activities by Trusts, funds and other financial holding companies
		K3	Life/Non-life Insurance and Reinsurance activities
		K4	Pension Fund activities
		K5	Financial and Credit leasing activities
		K6	Fund Management Services
		K7	Financial Advisory, brokerage and Consultancy Services
		K8	Other financial activities
L	Real Estate	L1	Real estate activities with own or leased property
		L2	Real estate activities on fee or contract basis
M	Professional, Scientific and Technical	M1	Legal activities
		M2	Accounting, book keeping and auditing activities, tax consultancy
		M3	Management consultancy activities
		M4	Architecture, engineering activities, technical testing and analysis activities
		M5	Scientific research and development
		M6	Advertising and market research
		M7	Specialized Design & Photographic activities
		M8	Veterinary activities
		M9	Other professional, scientific and technical activities
N	Support service to Organizations	N1	Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities
		N2	Placement agencies and HR management services
		N3	Travel agency and tour operators
		N4	Security and investigation activities
		N5	Housekeeping & maintenance service
		N6	Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc.
		N7	Other support services to organizations
O	Public Services by Government agencies	O1	Administration relating to Executive, Legislation and other public service by government agencies
		O2	Regulation of healthcare, education, cultural and other social services
		O3	Administration of activities relating to Foreign affairs, Defence, public order, compulsory social security, etc.
P	Education	P1	Primary & Secondary Education services
		P2	Higher education, technical & vocational education
		P3	Sports, recreation, cultural and other education
		P4	Educational support services
Q	Hospital and Medical Care	Q1	Hospital activities
		Q2	Medical and dental practice, Nursing, pathology, blood bank services, etc.
		Q3	Residential Nursing care activities
		Q4	Residential care for elderly, disabled and other ailments
		Q5	Counselling, welfare, referral activities without accommodation for elderly and disabled
		Q6	Other Hospital and Medical Care Activities
R	Arts, entertainment and recreation	R1	Creative, arts and entertainment activities
		R2	Library, archives, museums and other cultural activities
		R3	Gambling & betting activities
		R4	Sports, amusement and recreation activities
S	Personal and Household service	S1	Activities of membership organisations
		S2	Repair of computers and personal and household goods
		S3	Washing and cleaning of textile and fur products, Hair dressing and other beauty treatment
		S4	Other Personal service activities
T	Goods and service producing activities of households for own use	T1	Activities of households as employers of domestics personnel
		T2	Undifferentiated goods and service producing activities of households for own use
U	Activities of extraterritorial organizations and bodies	U1	Activities of extraterritorial organizations such as UN and its agencies, IMF, World Bank, OPEC, European Commission, etc.

Compiled by Annu Khokher, CA Finalist

Easy filing of MGT-7 for Financial Year 2014-15

Easy filing of MGT-7 for Financial Year 2014-15

MCA has changed the Form of Annual return and the information required for such form has been increased a lot. Every company has to prepare an annual return in the form MGT-7 containing the particulars as they stood on the close of the financial year. Before preparing the form MGT -7 the company should compile the data as given below for easy and speedy data entry and filing of the form.  

1.      REGISTRATION AND OTHER DETAILS

Ø  Registered office, CIN,PAN, E-Mail, Telephone Number, Date of Incorporation, Type f Company, its holding, subsidiary and associate companies, Date of AGM

2.      PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY

Ø  Number of business activities

Ø  Description of Main Activity group

Ø  Description of Business Activity

Ø  % to total turnover of company for each activity

NOTE : ( there is drop down selection facility in the form). Such codes are numbered from A to U  for Main Activity Code and again for each code business codes are varied from 1 to 13. Such Codes are given in MCA MGT-7 Help page number 19 to 24.

3.      PARTICULARS OF HOLDING, SUBSIDIARY, JOINT VENTURES AND ASSOCIATE COMPANIES

Ø  Number of companies for which information is given

Ø  CIN number and name of the company and then pre- fill the information required

4.      SHARE CAPITAL, DEBENTURES AND OTHER SECURITIES OF THE COMPANY

Ø  Shares, debentures and other securities and shareholding pattern;

Ø  Details of shares/Debentures Transfers since closure date of last financial year (or in the case of the first return at any time since the incorporation of the company)

Ø  Indebtedness including debentures (Outstanding as at the end of financial year)

5.      TURNOVER AND NET WORTH OF THE COMPANY

Ø  Turnover as defined as per Companies Act 2013

Ø  Net Worth of the Company As per Companies Act 2013

6.      SHARE HOLDING PATTERN

Ø  Promoters : Class of Shares, Foreign & Indian

Ø  Public : Class of Shares, Foreign & Indian

Ø  Number of Shareholders Public + Promoters

7.      NUMBER OF PROMOTERS, MEMBERS, DEBENTURE HOLDERS

Ø  Promoters Members& Debenture holders

Ø  At the beginning of the year

Ø  Addition to each type during the year

Ø  Cessation to each type during the year

8.      DETAILS OF DIRECTORS AND KEY MANAGERIAL PERSONNEL

Ø  Composition of Board of Directors: Executive, Non-executive and number of shares held by such directors at the beginning and end of the year. Promoter, Non Promoters, Independent, not Independent and nominee directors.

Ø  Number of Directors and Key managerial personnel (who is not director) as on the financial year end date, details of directors and Key managerial personnel as on the closure of financial year with respect to - DIN/PAN, Designation, Number of equity shares held, Date of cessation (after closure of financial year : If any)

Ø  Particulars of change in director(s) and Key managerial personnel during the year

9.      MEETINGS OF MEMBERS BOARD, COMMITTEES OF THE BOARD OF DIRECTORS

Ø  BOARD MEETINGS : Number, dates, number of directors as on the date of meeting, directors who attended the meeting

Ø  ATTENDANCE OF DIRECTORS : Name of the Director, Board Meetings, No of Meetings which were entitled to attend, No. of Meetings attended, % of attendance

Ø   Committee Meetings, No. of Meetings, Held No. of Meetings, attended, % of attendance

10.  NUMBER OF MANAGING DIRECTOR, WHOLE-TIME DIRECTORS AND/OR MANAGER WHOSE REMUNERATION DETAILS TO BE ENTERED

Ø  No of Directors – Managing Director, whole time directors or Manager and Key Managerial Person who got remuneration., Name, Designation, Gross salary, Commission, Stock Option/ Sweat equity, Others

Ø  Number of CEO, CFO and Company secretary who got remuneration, Name, Designation, Gross salary, Commission, Stock Option/ Sweat equity, Others

Ø  No of other Directors who got remuneration., Name, Designation, Gross salary, Commission, Stock Option/ Sweat equity of such directors

11.  MATTERS RELATED TO CERTIFICATION OF COMPLIANCES AND DISCLOSURES

Ø  Certification of Compliances : Whether company has done al compliances

Ø  Details of penalties / punishment imposed on company/directors /officers 

Ø  Details of compounding of offences

12.  ATTACHMENTS

Ø  Complete list of Shareholders & debenture holders

Ø  Copy of MGT-8 – For listed companies

Business Activity Codes uploaded Separately

Easy Filing of AOC-4 as amended by MCA on 01-11-2015

MCA  has finally  notified New Forms  AOC-4, AOC -4A, AOC – 4-CFS AOC-4 (XBRL) available for filing with effect from 1^st  Nov 2015

MCA has finally started upload of new forms as modified on 29-10-2015 and 01.11.2015. As per new Act and Rules attachment to AOC-4 has increased a lot. There are nearly 25-30 clauses in Directors’ report and because of AOC-2andMGT -9being part of the directors’ report are to be attached with Financial Statements and that too in one form AOC-4 while earlier there were two forms 23AC for Balance Sheet particulars and 23ACA for Profit and loss part of Financial Statements. However attachment to 23AC and ACA or any other form can be of 2.5 MB in size.

Earlier whenever Form 23AC was filed there was an option to select 23ACA and the again one more form upto 2.5 MB could have been filed and a valid Form was filed immediately.

Now because of heavy attachment MCA has given an option to file AOC 4A as addendum to file the attachments in one go and there is no panic to reduce the size of the file. Now with the option of AOC-4A at the time of filing AOC-4 is a good option to have the same convenience as earlier. WE should prepare AOC -4A along with AOC-4 to save time in filing of forms.

Easy filing of GT -7 follows