Supplementary Report / Follow-up Action by the Company:-
Where the cost audit report is fi nalized with provisional fi gures, a supplementary cost audit report should
be submitted by the cost auditor to the Government as soon as the audited accounts are made available. As
per Section 233B(7), the company has to furnish explanation and full information on every qualifi cation or
reservation in the cost audit report to the Government within 30 days from the date of receipt of the copy
of the said report. According to sub-rule (2) of Rule 4 of Cost Audit Report Rules, 2001, the Cost Auditor
shall also give clarifi cations required by the Central Government on the Cost Audit Report submitted by
him, within 30 days of the receipt of communication addressed to him calling for such clarifi cations.
Where the cost audit report is fi nalized with provisional fi gures, a supplementary cost audit report should
be submitted by the cost auditor to the Government as soon as the audited accounts are made available. As
per Section 233B(7), the company has to furnish explanation and full information on every qualifi cation or
reservation in the cost audit report to the Government within 30 days from the date of receipt of the copy
of the said report. According to sub-rule (2) of Rule 4 of Cost Audit Report Rules, 2001, the Cost Auditor
shall also give clarifi cations required by the Central Government on the Cost Audit Report submitted by
him, within 30 days of the receipt of communication addressed to him calling for such clarifi cations.
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