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Note 28.1 Contingent liabilities
(
`
cr)
Particulars
As at
March 31, 2019
As at
March 31, 2018
Claims against the Company not acknowledged as debts in respects of:
i)
Excise duty
7.21
8.73
ii) Income tax
ǭȦǧǪ
7.15
iii) Customs duty
ǧȦǯǪ
ǧȦǯǪ
iv) Water and other claims
ǧǦǨȦǪǧ
96.65
Water and other claims includes claims received with respect to water charges, customer and other claims aggregating to
`
ǧǦǨȦǪǧ ČƑȦ
The above matters are currently being considered by the tax authorities | various forums and the Company expects the outcome
DžĿŕŕ ċĚ ĿŠ Ŀƥƙ ljîDŽūƭƑ îŠē ĺîƙ ƥĺĚƑĚljūƑĚȡ Šūƥ ƑĚČūijŠĿƙĚē ƥĺĚ ƎƑūDŽĿƙĿūŠ ĿŠ ƑĚŕîƥĿūŠ ƥū ƥĺĚƙĚ ČŕîĿŞƙȦ GƭƥƭƑĚ Čîƙĺ ūƭƥǜūDž ĿŠ ƑĚƙƎĚČƥ
of above will be determined only on receipt of judgement | decision pending with tax authorities | various forums. The above
(except in respect of water charges matter) excludes interest | penalties which may become payable in case of unfavourable
outcome.
Note 28.2 Commitments
Capital commitments
Capital expenditure contracted for at the end of the reporting period, but not recognised as liabilities, is as follows:
(
`
cr)
Particulars
As at
March 31, 2019
As at
March 31, 2018
Estimated amount of contracts remaining to be executed and not provided for
(net of advances):
Property, plant and equipment
69.01
21.33
Note 28.3 Research and Development
Details of expenditure incurred on approved in-house Research and Development facilities:
(
`
cr)
Particulars
2018-19
2017-18
Capital expenditure on building
ǧȦǩǪ
-
Other capital expenditure
3.88
2.23
Recurring expenditure
ǨǪȦǭǯ
20.59
30.01
22.82
ǧǪǭ
Standalone
|
Notes to the Financial Statements