Cost audit

Applicability of Cost Audit:

Out of the companies required to maintain cost records as per Rule 3, the following companies shall have its records audited annually:

Item A (regulated sector)

• Every company having annual [NOTE 2]turnover from all its products and services in the immediately preceding financial year of Rs. 50 Crore or more and
• The aggregate turnover of the individual product or products or service or services of Rs. 25 Crore or more.

Item B (non regulated sector)

• Every company having annual turnover from all its products and services in the immediately preceding financial year of Rs. 100 Crore or more and
• The aggregate turnover of the individual product or products or service or services of Rs. 35 Crore or more.

please provide list of regulated sector & non regulated sector

Please find enclosed herewith Attach File.