QuestionsCategory: CA-Final Cost Auditsir as u said more than 75% revenue from foreign exempt cost AUDIT NOT cost records; so sez will also be liable to maintain cost records? as cost audit is already exempt
Arjun mohnaniarjun mohnani asked 5 years ago
1 Answers
RaviRavi Staff answered 5 years ago

if exports exceed 75% of revenue then exemption from cost audit– cost records will be still required
yes in SEZ case same thing will be applicable, only cost audit exemption but cost records will be required