if company produce electric item like transformer, meter, cable etc..... and 2016-17 FY turnover was 70 Cr than please tell whether cost audit applicable or not for FY 2017-18
CA Shree Jain
(Chartered Accountant)
(1572 Points)
Replied 16 December 2017
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)
Item B (non regulated sector)
Neha Jain
(Chartered Accountant)
(1085 Points)
Replied 16 December 2017
please provide list of regulated sector & non regulated sector
CA Shree Jain
(Chartered Accountant)
(1572 Points)
Replied 16 December 2017
Please find enclosed herewith Attach File.
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