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TypeBare Act JurisdictionCentral Government

Cost Audit Report Rules, 2001 Section 8

Penalties

~1 min read
https://sooperkanoon.com/act/213737

Bare act section · Research

About this section

Cost Audit Report Rules, 2001 Section 8 is part of Cost Audit Report Rules, 2001 - Penalties. Read the section text below and explore Indian court judgments that cite it.

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Section Text

(1) If default is made by the Cost Auditor in complying with the provisions of rule 4 or rule 5, he shall be punishable with fine, which may extend to five thousand rupees.

(2) If the company contravenes the provisions of rule 6 or rule 7, the company and every officer thereof who is in default, including the persons referred to in sub rule (6) of section 209 of the Act, shall, subject to the provisions of section 233B of the Act, be punishable with fine which may extend to five thousand rupees and where the contravention is a continuing one, with a further fine which may extend to five hundred rupees for every day after the first day during which such contravention continues.

Frequently asked questions

What does Cost Audit Report Rules, 2001 Section 8 provide?

Section Section 8 of the Cost Audit Report Rules, 2001 (Penalties) is reproduced on this page as part of the Cost Audit Report Rules, 2001. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Cost Audit Report Rules, 2001 Section 8?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Cost Audit Report Rules, 2001 Section 8. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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