Cost Audit & Assurance Services

Audit and Assurance approach of the firm is to concentrate efforts on controls and key areas enabling to provide a straightforward, cost effective audit/certification. The firm has considerable experience and expertise in Statutory Cost Audits and Special Audits under Central Excise Act, 1944.

Firm offers following services in the area of AUDIT & ASSURNACE SERVICES:

Cost Audits

  • Voluntary and/or Statutory Cost Audits u/s 233B of companies Act, 1956 of cost accounting records maintained u/s 209(1)(d) of Companies Act, 1956

Special Audits Under Central Excise Act, 1944

  • Special audit under section 14A – Valuation Audit
  • Special audit under section 14AA – Special audit in cases where credit of duty availed or utilized is not within the normal limits, etc.

Certification services

  • Determination of Cost of Production for the Goods Used for Captive Consumption
  • Determination of Cost of Production of Bulk Drugs and/or Formulations under DPCO 1995
  • Deduction of Equalized Sales Tax for Approval of Price List

Other Audits

  • Perpetual Inventory Audits and Stock Valuations.
  • Internal Audit