Cost audit
This query is : Resolved
24 April 2012
Dear Sir/Madam,
We are in the business of manufacturing of Aluminium Conductors and Aluminium wire Rod. Please clarify whether Cost Audit is mandatory to our company or not
Regards
K.Raju
We are in the business of manufacturing of Aluminium Conductors and Aluminium wire Rod. Please clarify whether Cost Audit is mandatory to our company or not
Regards
K.Raju
26 May 2012
Dear Raju,
Manufacture of Aluminium Conductors and Aluminium wire rod is covered under cost audit provided any one of the following conditions is satisfied.
1) If the turnover of the business from the sale or supply of all products/activities for the Financial Year 2011-12 exceeds 100 crores or
2) The company’s equity or debt securities are listed in a stock exchange or in the process of being listed in any stock exchange whether in India or outside India.
Thank you
Kind Regards
Gopi Krishna DVV
Practicing Cost Accountant
Manufacture of Aluminium Conductors and Aluminium wire rod is covered under cost audit provided any one of the following conditions is satisfied.
1) If the turnover of the business from the sale or supply of all products/activities for the Financial Year 2011-12 exceeds 100 crores or
2) The company’s equity or debt securities are listed in a stock exchange or in the process of being listed in any stock exchange whether in India or outside India.
Thank you
Kind Regards
Gopi Krishna DVV
Practicing Cost Accountant
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Liable to deduct tds and 44ADA
- TDS Challan Code
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- Refund of 20%pre-deposit paid for stay application
- Rent lease agreement
- If there is Long term capital gain exists how much total income to be considered
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
