Hi all
As we know that every manufacturing company whose turnover exceeds 20 crores, needs to file a cost compliance report duly certified by a cost accountant with central government within 180 days of closure of financial year.
I want to know what is the penalty for non compliance of the above provision for the company ??
Thank you
Check this out
www.caclubindia.com/articles/cost-auditor-s-appointment-penalties-for-non-compliance-14138.asp#.VK0LftKUc1Y
Thanks for the link, but that was related to appointment of cost auditor. I want regarding non filing of cost compliance report.
S.B.G. & CO. CHARTERED ACCOUNTANTS
New Delhi
CA Inter
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