What is Cost Audit in India? A Complete Guide for 2026
Everything you need to know about cost audit — who needs it, the process, penalties for non-compliance, and how to prepare your company for a statutory cost audit under Section 148.
Expert Insights
Practical guidance on cost accounting, GST compliance, and financial management from our practising CMA with 22+ years of industry experience.
Everything you need to know about cost audit — who needs it, the process, penalties for non-compliance, and how to prepare your company for a statutory cost audit under Section 148.
A step-by-step guide to GST compliance for manufacturing businesses — covering GSTR-1, GSTR-3B, ITC reconciliation, job work provisions, and common pitfalls to avoid.
Everything manufacturers need to know about maintaining cost records in Form CRA-1 — the mandatory format, data requirements, common challenges, and practical tips for compliance.
A comprehensive guide to CAS-4 (Cost of Production for Captive Consumption) — when you need it, how the valuation works, and why it matters for GST and transfer pricing.
Understanding the differences between a CMA and a CA — their qualifications, exclusive practice domains, and when your business needs which professional.