The Companies (Cost Records and Audit) Amendment Rules,2014 - MCA

MCA has notified the much awaited amendments to Cost Rules.

Cost Records applicable if turnover exceeds Rs.35 cr. Cost Audit applicability if turnover exceeds Rs.50 Cr (Regulated Industry), Rs.100 Cr. (Others).

Refer Detailed Notification at: 

http://www.mca.gov.in/Ministry/pdf/Amendment_Rules_01012014.pdf