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Cost records

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(Querist)
30 June 2016 Is coal based sponge iron industry whose turnover exceeds 35 cr is liable for maintaince of cost records under sec 148(1) of companies act 2013 ?
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Rupesh Jain

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Rupesh Jain (Expert)
30 June 2016 yes cost audit is applicable
pls see
http://yourfinancebook.com/applicability-of-cost-records-and-cost-audit-to-companies/
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VIKRAMADITYA SINGH

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VIKRAMADITYA SINGH (Querist)
30 June 2016 Thank you sir
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