Hello All,
I have a query.
Our company is engaged in the manufacturing of Telecom Equipments. As per cost record rules and the proviso to rule 3 under the Companies Act, 2013, if a company falls under the classification definition of Small Enterprise as per MSME act, then Maintenance of Cost Records is not required. Our company falls under this exemption criteria as our investment in Plant and machinery is less than Rs. 5 Crores but more than 25 lakhs, although we dont have MSME registration or Udyog Aadhaar Registration.
Considering the said exemption is the maintenance of cost records and cost audit applicable to us. ?
Thanks,
Dhananjay Jitesh Pandey
Company Secretary
FORM 3CB/3CA & 3CD IS DIGITALLY SIGNED AND THERE IS NO PLACE IN UTILITY FOR UDIN. NOW HOW AND WHERE TO REFLECT UDIN
Answer nowMy client is running toll plazas and has a turnover of more than 100crs. Does he need to maintain cost reocrds and perform coast audits
Answer nowA textile company engaged in manufacturing Fabric and Yarn. Overall turnover is crossed 100 crores. Fabric sales > 35 crore and yarn < 35 crore. Cost audit is applicable to both or only fabric. Kindly clarify.
Answer nowDear Sir, I am Chandramoham Mishra. Currently, I am working with a CA firm FULL-TIME. I have to obtain Certificate of Practice (COP). As per clause 1 of part I of first schedule, A CA in practice can allow other CA who is in employment with him for obtaining COP. My queries are: 1) Can I obtain COP even though I am working full-time under a practicing CA firm? 2) As I am working full time, will there any obstacles or restriction on me? e.g. not to sign certain report or not to accept certain work 3) Any other disadvantages you want to suggest me. Kindly provide your answer / suggestion on above.
Answer nowONE OF MY EXPORTER CLIENT GOODS EXPORTED IN MARCH'18 AND SHIPPING BILL DATE IS 29.03.2018,
AND GET FREIGHT BILL DATED 30.04.2018 WITH GST AGAINST ABOVE EXPORT, NOW MY QUERY IS :
1. FREIGHT TO BE BOOK IN FINANCIAL YEAR 2017-2018 OR 2018-2019
2. IF FREIGHT BOOKED IN FINANCIAL YEAR 2017-2018 THEN TDS TO BE DEDUCT OR NOT
Dear sir/madam
I want to file cost audit 12-13 for Pharmaceutical company now so can u suggest me the format of cost audit report
can u confirm that can i go with cost audit rules 2011 for FY-2012-13
Please clarify sir.....
Thanks in advance
My firm address located in UP and i have carried bank audit in Gujarat state. I will be charging IGST bill. My query are:1. GSTIN of H.O. Based at Kolkata to be mentioned or State of Gujarat where i have done audit.2. Just IGST bill will be done or i should register for GST of Gujarat state also.Thanks
Answer nowhi
Please let me know the audit procedure for Accounts Payable and Accounts Receivable.
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
Cost records and cost audit