It production, processing, manufacturing or mining activities,
It would be observed that the cost audit can be ordered in case of those companies which are required to maintain Cost Accounts under Sec. 209(l)(d) cited above and which are engaged in production, processing, manufacturing or mining activities,
More and more companies are now asked under Sec. 233B to get their Cost Accounts audited.
The Classes of Companies which are required to maintain cost records under section 209(l) (d) of the Companies Act, 1956 are as follows:
23. Soda Ash
26. Cotton Textiles
27. Dry Battery Cell
28. Sulphuric acid
29. Steel Tribes & pipes
30. Engineering industries:
(i) Power driven pumps.
(ii) Diesel engines/Internal Combustion Engines.
31. Electric cables & conductors
33. Milk food
34. Chemical Industries:
(2) Ethylene Oxide
(3) Ethylene Glycol
(4) Diethylene Glycol
(5) Polyethylene Glycol
(6) Ethylene Dichloride
35. Formulations. (G. S. R. No. 909(E) Dt. 07-09-88)