25 January 2013
One of my client company is engaged in manufacturing activities & trading activities. The turnover of the compnay from manufacturing is 16 Crores approx whereas 90 crore from trading. Whether the cost audit will be applicable of turnover criteria of 100 crore or not. The manufacturing activity is covered under Excice Tariff as applicable for cost audit Thanks & Regards Santosh
Read more at: https://www.caclubindia.com/forum/applicability-of-cost-audit-236415.asp#.UQJhVfJobaQ
25 January 2013
SEE THERE ARE SO MUCH RULES RELATED TO COST AUDIT APPLICABILITY.. SO GO BELOW MENTION LINK MAY BE HELPFUL.. & its a question of doubt that trading turnover should be included in limit or not? https://docs.google.com/viewer?a=v&q=cache:0StyWtdZcOEJ:www.mca.gov.in/Ministry/pdf/General_Circular_No_12_2012.pdf+cost+audit+rules+2012&hl=en&gl=in&pid=bl&srcid=ADGEESjA0f8od551cDmCV6SSYd4kNi_6ZQqVVTa2kcG2m10t87vUPYYlsjJ37XhGM2XGwokbADGpARiNm1SESsDnx5qWo-zAozwXZp6NUDecSSSzBM-PprzlE4WBD4jn1MWMYKqm3f7g&sig=AHIEtbSOxp8UIYDRxgTgSLA2Yti3WSJ_Tw
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