Notice recieved
arjun (student) (57 Points)
04 February 2016arjun (student) (57 Points)
04 February 2016
saurabh
(CA)
(22 Points)
Replied 05 February 2016
We have also received same notice from MCA. However Our Company is already maintaining Cost Records and the fact has also been mentioned in CARO.
CS Kaushik Kundu
(Company Secretary)
(180 Points)
Replied 05 February 2016
How do you deal with this matter?
Ajay Kuradia
(qualified CS)
(28 Points)
Replied 05 February 2016
We too have received the same and in e-form AOC-4, mistakenly ticked the option as COST RECORDS - NOT APPLICABLE. What stand can we take up in this type of matter?
saurabh
(CA)
(22 Points)
Replied 05 February 2016
I think a reply is a must. Any member visiting MCA must ask there why such notices r being sent.
Nikita Garg
(CS)
(22 Points)
Replied 06 February 2016
Please tell how do you deal with this matter???
Nikita Garg
(CS)
(22 Points)
Replied 06 February 2016
Please tell how do you deal with this matter???
arjun
(student)
(57 Points)
Replied 06 February 2016
arjun
(student)
(57 Points)
Replied 06 February 2016
CA. Ritesh Bafna
(PROPRIETOR)
(145 Points)
Replied 29 April 2016
Hello arjun,
one of my client received the similar notice can you please share what action did u take on the matter
thanks for the help
regards
Ajay Kuradia
(qualified CS)
(28 Points)
Replied 29 April 2016
We have replied to the notice, giving reasons for such a mistake and till date we did not receive any reply as such.
CA. Ritesh Bafna
(PROPRIETOR)
(145 Points)
Replied 29 April 2016
thank you ajayji for the reply.
in your case was there any mistake from your side?
in my case i have reviewed the docements multiple times and didnt find any mistake in of reporting manufacturing activity anywhere still i dont understand why have they sent the notice.
Ajay Kuradia
(qualified CS)
(28 Points)
Replied 29 April 2016
Please check whether COST RECORDS are applicable to your company check turnover and also cost rules
and also check the e-form AOC-4 filed from your end.
If there is no error from your end then the notice issued is invalid.
CA. Ritesh Bafna
(PROPRIETOR)
(145 Points)
Replied 29 April 2016
the company is a trading company in ferrous and non ferrous metal and no type of manufacturing activity is even taken up by the company.
as per my knowledge and reading of rules only company in production of items is required to keep cost records for a trading company there is no such requirement.
if you know any such requirement applicable to trading company than please share.
thank you