Applicability of cost compliance and cost audit

This query is : Resolved 

28 June 2013 Dear Experts
Please tell me about the applicability of Cost Compliance report and cost audit in the following companies for the year 2011-12:-

1. A Company having Paid Up Capital of Rs. 206,388,000.00 and Turnover of Rs. 418,179,424.37

2. Company having a Paid up capital of Rs. 62,738,000.00 & Turnover of Rs. 196,233,061.00

28 June 2013 Mention the nature of the business also

29 June 2013 Firs on is Iron ore manufactured Company and 2nd is MS ignot manufacturer

29 June 2013 Both the cases the Cost audit & cost compliance rules applicable since the net worth is exceeding Rs.5 crores


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