https://www.taxtmi.com/article/detailed?id=5996 The amendment restructures coverage into regulated and non-regulated sectors, sets Rs.35 crore as the threshold for maintaining cost records, prescribes dual turnover thresholds for cost audit applicability (item A: company turnover Rs.50 crore and aggregate product/service turnover Rs.25 crore; item B: company turnover Rs.100 crore and aggregate product/service turnover Rs.35 crore), exempts high-export and SEZ operators from cost audit, mandates maintenance in Form CRA-1, requires Board appointment and CRA-2 filing for cost auditors within 30 days of casual vacancies, omits prior non-applicability rule, and substitutes CRA-1 and CRA-3 with detailed recordkeeping, reporting and annexure requirements. en-us Wed, 07 Jan 2015 06:34:54 +0530 Wed, 11 Feb 2026 15:56:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5996 The amendment restructures coverage into regulated and non-regulated sectors, sets Rs.35 crore as the threshold for maintaining cost records, prescribes dual turnover thresholds for cost audit applicability (item A: company turnover Rs.50 crore and aggregate product/service turnover Rs.25 crore; item B: company turnover Rs.100 crore and aggregate product/service turnover Rs.35 crore), exempts high-export and SEZ operators from cost audit, mandates maintenance in Form CRA-1, requires Board appointment and CRA-2 filing for cost auditors within 30 days of casual vacancies, omits prior non-applicability rule, and substitutes CRA-1 and CRA-3 with detailed recordkeeping, reporting and annexure requirements. Articles Corporate Laws / IBC / SEBI Wed, 07 Jan 2015 06:34:54 +0530 https://www.taxtmi.com/article/detailed?id=5996