Sir, if the total turnover of a Co. is 105 Cr, which include 1 regulated sector having turnover 24 Cr and 1 unregulated sector having turnover 26 Cr, then such co. is required to conduct cost audit?

1 answer

No cost audit to take place, since the aggregate individual turnover of neither regulated sector nor non regulated sector exceeds the threshold limit of 25cr and 35cr respectively.

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