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Cost Audit Services

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Your search for the trustworthy and efficient Tax and Audit service providers ends here. JAI PRAKASH & ASSOCIATES is a Nagpur based company that provides complete solution to all your Taxation and Auditing problems. The assortment of services that we provide is Cost Audit Management Audit, Excise Audit, VAT audit, Purchase Audit, Sales Tax Consultants, Service Tax Consultants, Inventory Management Consultants, certification of cost of production, stock valuation, Legal Services.
Ours is a Cost & Management Accountants firm rendering our services since 2004. We are growing under the guidance of our talented and highly experienced owner, Mr. Jai Prakash Gupta.
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Nature of Business

Service Provider

Total Number of Employees

11 to 25 People

Year of Establishment

2004

Legal Status of Firm

Individual - Proprietor

Annual Turnover

Upto Rs. 50 Lakh

Cost Audit Services
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Cost Audit Services

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Cost Audit is ordered by the Central Govt. on companies who are engaged in manufacturing , mining, electricity generation and many other industries to verify the costing system and whether companies are maintaining cost accounting records as per cost accounting record rules U/S 209 (1) (d) and to assess whether prices of commodities charged by the companies are reasonable .U/S 233B .

Under Notification dated 3rd June 2011 of Ministry of Corporate Affairs, all companies who are manufacturing, mining or process and whose net worth exceeded Rs five crores OR turn over exceeded twenty crore or equity/debt are listed or in process of listing are to file Compliance Report duly certified by Cost Accountant to MCA and their cost accounting records audited by a Cost Accountant in practice.

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