One of my client company is engaged in manufacturing activities & trading activities. The turnover of the compnay from manufacturing is 16 Crores approx whereas 90 crore from trading.
Whether the cost audit will be applicable of turnover criteria of 100 crore or not. The manufacturing activity is covered under Excice Tariff as applicable for cost audit
Thanks & Regards
Santosh
Hi if you see in the notification here is writing that applicable to the company which are engaged in the production, processing, manufacturing or mining of the produc/activities.
Thus here is not including a traiding company for the threshold limit.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
CAclubindia
