Notice recieved

We have also received same notice from MCA. However Our Company is already maintaining Cost Records and the fact has also been mentioned in CARO.

How do you deal with this matter?

We too have received the same and in e-form AOC-4, mistakenly ticked the option as COST RECORDS  - NOT APPLICABLE. What stand can we take up in this type of matter?

I think a reply is a must. Any member visiting MCA must ask there why such  notices r being sent.

Please tell how do you deal with this matter???

Please tell how do you deal with this matter???

Hello arjun,

one of my client received the similar notice can you please share what action did u take on the matter

thanks for the help

regards

We have replied to the notice, giving reasons for such a mistake and till date we did not receive any reply as such.

thank you ajayji for the reply.

in your case was there any mistake from your side?

in my case i have reviewed the docements multiple times and didnt find any mistake in of reporting manufacturing activity anywhere still i dont understand why have they sent the notice.

Please check whether COST RECORDS are applicable to your company check turnover and also cost rules

and also check the e-form AOC-4 filed from your end.

If there is no error from your end then the notice issued is invalid.

the company is a trading company in ferrous and non ferrous metal and no type of manufacturing activity is even taken up by the company.

as per my knowledge and reading of rules only company in production of items is required to keep cost records for a trading company there is no such requirement.

if you know any such requirement applicable to trading company than please share.

thank you