When cost audit applcable in mfg unit - ceramic insulators
This query is : Resolved
ASHWIN GODHANIYA
(Querist)
26 August 2013
you are all requested to suggest when Cost Audit Applicable in Manufacturing Unit -
we are Manufacturing of Ceramic Electrical Insulators - item mainly used only by Electricity Board
you are requested to guide and give all norms
you are all requested to suggest when Cost Audit Applicable in Manufacturing Unit -
we are Manufacturing of Ceramic Electrical Insulators - item mainly used only by Electricity Board
you are requested to guide and give all norms
CMA Ramesh Krishnan
(Expert)
26 August 2013
Cost audit apply for companies engaged in production, processing, manufacturing, or mining activities and which satisfies any one of the following criteria as as Cost audit rules 2011
1.Aggregate value of net worth as on the last date of the immediately preceding financial year exceeds rupees 5 crores.
2.Aggregate value of the turnover made by the company from sale or supply of all products or activities during the immediately preceding financial year exceeds rupees 20 crores.
3.Companies whose equity or debt securities are listed or are in the process of listing on any stock exchange, whether in India or outside India
1.Aggregate value of net worth as on the last date of the immediately preceding financial year exceeds rupees 5 crores.
2.Aggregate value of the turnover made by the company from sale or supply of all products or activities during the immediately preceding financial year exceeds rupees 20 crores.
3.Companies whose equity or debt securities are listed or are in the process of listing on any stock exchange, whether in India or outside India
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
- Gst credit note by supplier
- Missed uploading GST Invoice
- Due date for filing return for the partner in partnership subjected to Tax Audit
- GST on reimbursement of expenses
- Query on effect of registration of property
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Wrong CMPo8 file
- Whether output tax is taken credit by purchaser
- Number of years as per AS amortisation of Goodwill
- Equity Share Sale and Purchase
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
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
