Production Linked Incentive schemes pay incentives on incremental sales and investment, subject to value addition and other conditions. The scheme guidelines specify the certificates required with each claim; for the PLI scheme for white goods, Cost Accountants are recognised for certification.
Scope of service
- Eligible investment and incremental sales computation
- Domestic value addition computation
- Claim-period certificates in prescribed formats
- Reconciliation with financial statements
Regulatory framework
- PLI scheme guidelines issued by the administering ministry (e.g. DPIIT for white goods)
- Corrigendum dated 9 October 2023 for the PLI scheme for white goods
Typical professional activities
- Scheme eligibility review
- Data collection and reconciliation
- Certificate issue
Applicable industries
Relevant articles and resources
- CAS-2: capacity determination and the cost of idle capacity
- CAS-4: cost of production for captive consumption
- CAS-6: measuring material cost
- CAS-7: employee cost in product costing
- Knowledge Centre: Cost Accounting
The information on this page describes the nature of the service. It is not advice on any specific matter. See the disclaimer.