https://www.taxtmi.com/circulars?id=11920 Directs compulsory cost audit for companies in specified product or activity groups for financial years commencing on or after 1 January 2013, with two applicability regimes based on industry-specific rules and product group listings (Table I and Table II) tied to net worth, turnover or listing thresholds; mandates appointment of a certified cost accountant or firm, adherence to prescribed appointment procedures, preparation of the cost audit report under Companies (Cost Audit Report) Rules, 2011 and XBRL filing, and subjects contraventions to penalties under the Companies Act, 1956. en-us Tue, 06 Nov 2012 00:00:00 +0530 Thu, 08 Nov 2012 14:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11920 Directs compulsory cost audit for companies in specified product or activity groups for financial years commencing on or after 1 January 2013, with two applicability regimes based on industry-specific rules and product group listings (Table I and Table II) tied to net worth, turnover or listing thresholds; mandates appointment of a certified cost accountant or firm, adherence to prescribed appointment procedures, preparation of the cost audit report under Companies (Cost Audit Report) Rules, 2011 and XBRL filing, and subjects contraventions to penalties under the Companies Act, 1956. Circulars Companies Law Tue, 06 Nov 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11920