Cost audit applicability
Querist : Anonymous
check whether they apply to u from this link
http://www.mca.gov.in/Ministry/companies_act.html
Querist : Anonymous
and Circular 67/2011 Also Clear That NA to Trading Companies in 1st point.
Querist : Anonymous
COST AUDIT REPORT IS NOT APPLICABLE, THEN COMPLIANCE REPORT IS APPLICABLE ?
Querist : Anonymous
Mine Company is:-
Listed
>20 Cr Turnover
> 5 Cr. Networth
But Not Involved in any Manufacturing Activity., Its Trading Company Only
Sir Can u Give me Any reference in State of Your Answer.
For a pure trading company there is no cost audit applicable. But if the company is outsourcing the manufacturing or processing of products and selling them under its own brand.
Regards,
CMA Santosh G Kalburgi
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