75 / 140
73
(
`
cr)
Notes
to financial statements
NOTE 8 TRADE PAYABLES
As at
March 31, 2012
As at
March 31, 2011
(a) Trade payables including acceptances
275.64
223.46
275.64
223.46
Trade payables include
`
0.70 cr (Previous year
`
0.28 cr) due to micro, small and medium enterprises. Following
is the information, required to be furnished as per Section 22 of the Micro, Small and Medium Enterprise
Development Act, 2006:
(
`
cr)
No
Particulars
As at
March 31, 2012
As at
March 31, 2011
(a) The principal amount and the interest due thereon remaining
unpaid to any supplier at the end of each accounting year
Principal
0.70
0.28
Interest
–
–
(b) The amount of interest paid by the buyer in terms of Section 16 of
the Micro, Small and Medium Enterprise Development Act, 2006,
along with the amounts of the payment made to the suppliers
beyond the appointed day during each accounting year
–
–
(c) The amount of interest due and payable for the period of delay in
making payment (which have been paid but beyond the appointed
day during the year) but without adding the interest specified
under the Micro, Small and Medium Enterprise Development Act,
2006
–
–
(d) The amount of interest accrued and remaining unpaid at the end
of accounting year
–
–
(e) The amount of further interest remaining due and payable even
in the succeeding years, until such date when the interest dues as
above are actually paid to the small enterprise, for the purpose of
disallowance as a deductible expenditure under Section 23 of the
Micro, Small and Medium Enterprise Development Act, 2006
–
–
Above disclosures have been made based on information available with the Company, for suppliers who are
registered as micro, small and medium enterprise under ‘Micro, Small and Medium Enterprise Development
Act, 2006’ as at March 31, 2012.