https://www.taxtmi.com/circulars?id=11662 Clarifies that circulars relating to Cost Accounting Records Rules (2011) and industry-specific Cost Audit Orders remain applicable; companies meeting specified threshold limits must have cost accounting records audited by a qualified cost auditor for financial years commencing on or after applicable effective dates. Supersession of earlier industry rules by 2011 rules is noted, with Cost Audit Order No. 52/26/CAB-2010 applying from financial year 2011-12 for erstwhile-covered products and from financial year 2012-13 for products first covered by revised 2011 rules. Multi-product companies whose activities fall under Companies (Cost Accounting Records) Rules, 2011 but not under cost audit orders must file the prescribed compliance report. en-us Mon, 04 Jun 2012 00:00:00 +0530 Wed, 06 Jun 2012 18:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11662 Clarifies that circulars relating to Cost Accounting Records Rules (2011) and industry-specific Cost Audit Orders remain applicable; companies meeting specified threshold limits must have cost accounting records audited by a qualified cost auditor for financial years commencing on or after applicable effective dates. Supersession of earlier industry rules by 2011 rules is noted, with Cost Audit Order No. 52/26/CAB-2010 applying from financial year 2011-12 for erstwhile-covered products and from financial year 2012-13 for products first covered by revised 2011 rules. Multi-product companies whose activities fall under Companies (Cost Accounting Records) Rules, 2011 but not under cost audit orders must file the prescribed compliance report. Circulars Companies Law Mon, 04 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11662