Investor Presentaiton
(b)
and any other statutory dues with appropriate authorities,
where applicable. There are no undisputed amounts payable
in respect of such statutory dues which have remained
outstanding as at 31st March, 2023 for a period of more than
six months from the date they became payable.
According to the records of the Company, the statutory dues
referred to in sub-clause (a) above which have not been
deposited as on 31st March 2023 on account of any dispute,
are as follows:
CENTRAL SALES TAX ACT, 1956 and VAT LAWS
Sales tax VAT and
Penalty
(viii) There were no transactions relating to previously unrecorded income
that were surrendered or disclosed as income in the tax assessments
under the Income Tax Act, 1961 (43 of 1961) during the year.
(ix) (a)
(b)
Statute and nature of dues
Financial year to which the
matter pertains
Forum where
dispute is pending Crores
P
(c)
1996-97 to 2004-05, 2006-07,
2009-10 to 2018-19
2003-04, 2005-06 to 2009-10,
2011-12, 2014-15 and 2016-17
1996-97, 2006-07 to 2017-18
Appellate
Commissioner
Appellate
Tribunal/Board
161.12
(d)
15.26
High Court
22.06
CUSTOMS ACT, 1962
Customs Duty and Penalty 2021-22
Appellate
0.29
(e)
Commissioner
2010-11 to 2019-20, 2021-22
1992-93 to 1994-95
Appellate Tribunal
56.42
High Court
74.70
(f)
Director General 221.31
Goods and
Service Tax
1997-98, 1998-99, 2006-07 to
2010-11, 2014-15 to 2017-18
Appellate
0.28
Commissioner
2008-09 to 2017-18
2001-02
Appellate Tribunal
24.51
Supreme Court
0.33
INCOME TAX ACT 1961
Income Tax
2013-14 to 2015-16
Appellate
24.06
(b)
Commissioner
116.44
3.53
CENTRAL EXCISE ACT, 1944 and FINANCE ACT 1994
Excise duty, Service tax 2012-13 to 2016-17
and penalty
GOODS & SERVICES TAX
GST
2014-15, 2018-19 and 2019-20 | Appellate Tribunal
2002-03 to 2005-06, 2008-09 High Court
to 2011-12
2017-18, 2019-20, 2020-21 Appellate
and 2022-23
0.42
Commissioner
2017-18
Appellate
0.14
Tribunal
(x)
(a)
(xi) (a)
The Company has not defaulted in repayment of loans or other
borrowings or in the payment of interest thereon to any lender
during the year.
According to the information and explanations given to us and
on the basis of our audit procedures, we report that the Company
has not been declared wilful defaulter by any bank or financial
institution or government or any government authority.
To the best of our knowledge and belief, in our opinion, term loans
availed by the Company were, applied by the Company during
the year for the purposes for which the loans were obtained.
According to the information and explanations given to
us, and the procedures performed by us, and on an overall
examination of the financial statements of the Company, funds
raised on short-term basis have, prima facie, not been used
during the year for long-term purposes by the Company.
According to the information and explanations given to us and on
an overall examination of the financial statements of the Company,
the Company has not taken any funds from any entity or person on
account of or to meet the obligations of its subsidiaries.
According to the information and explanations given to us and
procedures performed by us, we report that the Company has
not raised loans during the year on the pledge of securities
held in its subsidiaries.
The Company has not raised any moneys by way of Initial
public offer or further public offer (Including debt instruments),
during the year and hence reporting under Clause (x) (a) of
Para 3 of the Order is not applicable to the Company.
The Company has not made any preferential allotment or
private placement of share or fully convertible debentures
(fully, partially or optionally convertible) during the year and
accordingly provisions of clause (x)(b) of Para 3 of the Order
are not applicable to the Company.
On the basis of our examination and according to the
information and explanations given to us, no fraud by the
Company or any material fraud on the Company has been
noticed or reported during the year, nor have we been
informed of any such case by the management.
88View entire presentation