Applicability for cost audit.

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..... the immediately preceding financial year is rupees fifty crore or more and the aggregate turnover of the individual product or products or service or services for which cost records are required to be maintained under rule 3 is rupees twenty five crore or more. (2) Every company specified in item (B) of rule 3 shall get its cost records audited in accordance with these rules if the overall annua .....

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..... hall have the same meaning as assigned in rule 3 of the Electricity Rules, 2005 ] ********** Notes:- 1. Substitued vide F. No. 1/40/2013-CL-V - Dated 31-12-2014, before it was read as, 4. Applicability for cost audit.- (1) Every company engaged in a strategic industry and covered under sub-clause (b) of clause (A) of rule 3 shall be required to get its cost records audited in accordance with .....

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..... subclause (b) of clause (D) of rule 3, - (i) which has multiple products or devices (i.e. a company producing, importing and supplying or trading in more than one medical device or product), the requirement for cost audit shall apply to a medical device or product for which the individual turnover (from such specific medical device or product) is rupees ten crore or more, or one third of the tu .....

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