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Cost audit

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(Querist)
24 November 2020 cost audit if once applicable to a company Is it also applicable on subsequent years when the turnover threshold is falls below the limit??please solve the query as soon as possible.
Thanking You
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Aashok Kumar Sharma

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Aashok Kumar Sharma (Expert)
28 December 2020 I think it is only required when turnover excceds.
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