Dear Team
i want tonfirm that whether Section 233B (Audit of cost accounts in certain cases) of companies act 1956 is applicable to Pvt Ltd co. or not..
CA O.P. SINGH (O P Singh & Co.) (426 Points)
14 April 2008Dear Team
i want tonfirm that whether Section 233B (Audit of cost accounts in certain cases) of companies act 1956 is applicable to Pvt Ltd co. or not..
adnan
(Article)
(241 Points)
Replied 14 April 2008
cost audit mandatory only 48 industries as per companies act 1956
CA Harbinder
(CA )
(1245 Points)
Replied 15 April 2008
Cost Audit is compulsory for Co.s Engaged in Manufacturing, Production , Mining and similar Activities. it's not described anywhere whether it's applicable on Pvt. or Public Ltd. co.
COST AUDIT applicable to the companies pertaining to any class of companies engaged in the production, processing, manufacturing or mining activities except the small scale industries having their total turnover less than rupees ten crores.
https://www.mca.gov.in/MinistryWebsite/dca/mcaoffices/cab.html
Itti Bhargava
(Management trainee)
(26 Points)
Replied 17 June 2009
| Originally posted by :adnan | ||
| " |
cost audit mandatory only 48 industries as per companies act 1956
can i get the list of 48 industries?and want to confirm whether cost it is applicable for companes involved in the business of manufacturing of auto component? |
" |
RAHUL
(SR. OFFICER COSTING)
(24 Points)
Replied 19 June 2010
There is List of 44 companies & products covered under Sec 209(1)(d) of The Companies Act, 1956.
You can also see this list on https://www.mca.gov.in/Ministry/RecordRules44.html this URL
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