QuestionsCategory: CA-Final Cost AuditSir. There are 3 types of companies exempted from Cost Audit. Are these companies mandatorily required to maintain cost records if they cross the turnover limit given and come under the regulated and unregulated sector.
Himanshu Bhutani BhutaniHimanshu Bhutani asked 5 years ago
1 Answers
RaviRavi Staff answered 5 years ago

Yes
Exemption from cost audit is only for audit, cost records need to be maintained.