Saturday 28 February 2015

APPLICABILITY OF COST RECORDS AND COST AUDIT RULES, 2014


THRESHHOD LIMIT FOR APPLICABILTY OF MAINTENANCE OF COST ACCOUNTING RECORDS AND COST AUDIT

Regulatory
Non Regulatory
Maintenance of Cost Accounting Records
Aggregate Turnover of Companies covering products and services Rs. 35 Crore.
Aggregate Turnover of Companies covering products and services Rs. 35 Crore.
Cost Audit
1.       Aggregate Turnover of Companies covering products and services Rs. 50 Crore And
2.       Turnover of individual products /services covered for Maintenance of Cost Records -Rs.25Cr.
1.       Aggregate Turnover of Companies covering products and services Rs. 35 Crore.
2.       Turnover of individual products /services covered for Maintenance of Cost Records -Rs.35Cr.

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