Cost audit applicability on seeds companies

Dear Vikram,

Check if the company is covered under Chapter 6 or 12 of Central Excise Tariff Act (CETA) headings.

As per the MCA order dated 3rd June 2011, point 2 of Defination and Interpretations has section 'o' on "production activity" which stated that ".....growing a product for use, consumption, sale, transport, delivery or disposal....."

I think if the turnover / networth / listing criteria are crossed, then this company would need compliance certification or cost audit, as the case may be.