Companies cost records and audit rules amended: specified sectors now require cost records from companies with Rs.35 crore turnover. The amendment prescribes a Table of regulated and non regulated sectors for which companies (including foreign companies) must maintain cost records where overall turnover in the preceding year is Rs. 35 crore or more, defines the Central Excise Tariff Act Heading for classification, and excludes micro and small enterprises and liaison only foreign offices from certain entries.