Cost audit applicability

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Alankar Choudhari (Querist)
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03 October 2012 Is Cost Audit Applicable to the company in business of "Fabricating and Manufacturing of Truck Mounted Cranes or Tippers"...? if yes then in which category..?
Thanx in advance....

Rahul Jain

Rahul Jain (Expert)
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09 October 2012 Hi Ankur,
Your product is covered under CETA Chapter head 84 under the heading "Material Handling Equipment"
Cost Records and Compliance is applicable for 2011-12 and if turnover exceeds 100 cr during 2011-12 ten audit from 2011-12...

Please find the relevant exce file for more clarification.

Rahul Jain

Alankar Choudhari

Alankar Choudhari (Querist)
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09 October 2012 Thanx Very Much....Rahul...
Nd I'm Alankar ...:)

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