Respected Members,
Since applicability of maintenance of Cost Records shall be for those sectors which are mentioned in the tables (Table A – Regulated sectors and Table B – Non-regulated Sectors) and Company’s overall turnover from all its products and / or services (from the products / services as mentioned above) shall be Rupees thirty five crore or more during the immediately preceding financial year.
I have a doubt about turnover whether turnover include sales of only mfg. products (say 10 crore) or also only traded items of same HSN (say 100 cr.) and appicability of cost records ?
CAclubindia
