Cost compliance / cost audit requirement

Hi,

Cost compliance is not applicable for FY 2012-13.

Its applicable for FY 2013-14. As its depend on following 3 conditions (Cost compliance will be applicable from the next year if any of the below condition satisfies) :

1) Turnover exceeding 20 Crore or

2) Net worth exceeding 5 Crore or

3) Debt or equity listed or in the process of listing (whether India or Abroad)

Regards,

Narendra 

+91 8875633880

Thanks Mr.Narendra.