26 September 2013
Our client is a pvt. ltd. pharma co. getting its drugs manufactured from other plants owners under loan licence agreement, their turnover exceeds 100 crores shall they have to get cost audit done ? they are not having any plant & machinery in their books they are registered as dealer under excise act , so are they called mfgr or trader for cost audit
27 September 2013
If their MOA says they are engaged in production or manufacturing then they have to go for Cost Audit as their turnover crosses 100 crores.
CAclubindia
