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Atul Ltd | Annual Report 2012-13
Annexure
to the Report of the Auditors
ix. (a) According to the information and explanations
given to us and the records of the Company
examined by us, in our opinion, the Company
is generally regular in depositing undisputed
statutory dues in respect of provident fund,
professional tax and excise duty, though there
has been a slight delay in a few cases, and is
regular in depositing undisputed statutory
dues, including investor education and
protection fund, employees’ state insurance,
income tax, wealth tax, service tax, customs
duty, sales tax and other material statutory
dues, as applicable, with the appropriate
authorities.
(b) According to the information and explanations
given to us and the records of the Company
examined by us, the particulars of dues of
income tax, customs duty and excise duty
as at March 31, 2013 which have not been
deposited on account of a dispute, are as
follows:
Name of the statute Nature of
dues
Amount
(
`
cr) (a)
Period to which the
amount relates
Forum where the dispute is
pending (b)
Central Excise Act, 1944 Central excise
5.32
6.42
0.05
7.63
1975 to 2012
2005 to 2012
1992 to 2010
1992 to 2010
Assistant | Deputy Commissioner,
Joint Commissioner,
Commissioner (Appeals),
Customs, Excise & Service Tax
Appellate Tribunal
Total:
19.42
Customs Act, 1962
Customs duty
2.77
3.19
1.76
1985 to 2007
1988 to 2009
1998
Assistant | Deputy Commissioner,
Commissioner (Appeals),
Customs, Excise & Service Tax
Appellate Tribunal
Total:
7.72
Income Tax Act, 1961 Income tax
14.02
8.55
6.20
0.26
2005-06 and 2007-08
2009-10
2005-06 and 2007-08
2003-04
Commissioner of Income Tax
(Appeals),
Income Tax Appellate Tribunal,
High Court
Total:
29.03
(a) Net of amounts deposited.
(b) Necessary stay received from respective authority.
There were no dues towards service tax, sales tax and wealth tax as at March 31, 2013 which have not been
deposited on account of any dispute.