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July 2012

Ministry grants exemption from Mandatory Cost Audit to all units located in specified zones.

By Sejal Vasa, Company Secretary
Reading Time 1 mins
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Vide General Circular No. 11/2012, dated 25th May 2012, the Ministry of Corporate Affairs has issued clarification regarding the coverage of the Cost Accounting Records and Cost Audit by granting exemption from Mandatory Cost Audit to units located in the specified zones.

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