Regarding applicability of cost audit

Questions › Category: CA-Final Cost Audit › Regarding applicability of cost audit

urvashi jain asked 6 years ago

If a company manufactures products under non regulated sectors and overall turnover in last year is say 105 crore and in respect of Product A 50 crore, Product B 30 crore, and product C 25 crore. Whether cost audit will be conducted in respect of all activities or just Product A?

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Ravi Staff answered 6 years ago

we have to see applicability sector wise — that means for “regulated” and “non-regulated”
if it is applicable to “non-regulated” it will be applicable to all products of non-regulated irrespective of turnover of individual product