Appointment of cost auditor

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bharat pareek (Querist)
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06 March 2013 What are the rules for appointment of a cost auditor? How should an auditor be appointed if commercial production of the plant commences in March of a FY for the first time? Will cost audit be required for March?

Ajay Mishra

Ajay Mishra (Expert)
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06 March 2013 Hi

Go to the following link, it may help you:

https://www.caclubindia.com/articles/procedure-for-appointment-re-appointment-of-cost-auditors-13504.asp#.UTbwQR2VOJw

You can also check on MCA portal any amendment therein.

http://www.mca.gov.in/Ministry/companies_act.html

bharat pareek

bharat pareek (Querist)
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06 March 2013 You didn't answer my query. I shall re-state the same:

We are a fertiliser plan under construction. We 'may' begin commercial production in March next year? Are we supposed to appoint a cost auditor with first 90 days of FY 2013-14? What if we appoint one, but we begin commercial production in 2014-15? Basically, I want to know how the FIRST COST AUDITOR of the company is appointed.

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