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
- Post Office RD Interest
- Building and other construction workers welfare cess act 1996
- Bank Accounts in Balance Sheet for ITR 3
- ITR validation error - Balance sheet is not filled
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Annual return of gst limit
- Eway bill for machinery reparing
- TDS ON CASH WITHDRAWALS...
- Form 10BD Filling
- Registration as Authorised Representative of minor
- Change the gender in the registration of icai
- Lift replacement entries in housing society
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
