You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
SCHEDULE 23: NOTES<br />
1 Contingent Liabilities not provided for:<br />
a) Letters of Credit / Bills Discounted and Guarantees Issued: (Rupees in Lakhs)<br />
Particulars<br />
As at<br />
31.03.2011<br />
As at<br />
30.09.2009<br />
i) Letters of Credit / Bills Discounted 37,300.47 25,187.36<br />
ii)<br />
iii)<br />
iv)<br />
Counter Guarantees given to Bank towards:<br />
- Bank Guarantees Issued 874.52 1,178.00<br />
Corporate Guarantees furnished on behalf of <strong>Sujana</strong> Universal<br />
Industries Ltd<br />
Corporate Guarantees furnished on behalf of <strong>Sujana</strong> Universal<br />
Industries Ltd [USD Nil (30.09.2009: USD 49.17 lakhs)]<br />
v) Joint Corporate Guarantee executed by the Company with <strong>Sujana</strong><br />
Universal Industries Ltd and <strong>Sujana</strong> Towers Limited in favour of<br />
Alpha Ventures Ltd and <strong>Sujana</strong> Holdings Ltd, Wholly Owned<br />
Subsidiary of the Company and <strong>Sujana</strong> Universal Industries Ltd<br />
respectively [USD 650 lakhs(30.09.2009: USD 650 lakhs)]<br />
53,100.00 10,860.00<br />
— 2,376.39<br />
29,022.50 31,414.50<br />
b) Disputed Taxes (Rupees in Lakhs)<br />
Particulars<br />
As at<br />
31.03.2011<br />
As at<br />
30.09.2009<br />
i) Excise Duty 1,888.95 1,182.66<br />
ii) Custom Duty 593.59 622.71<br />
iii) TNVAT/APVAT/APGST/CST * 4,286.66 12,037.22<br />
iv) Income Tax — 267.01<br />
v) FERA** 630.00 630.00<br />
*Excludes Rs. 8,050.49 Lakhs disputed tax pertain to APGST for the year 2004-05 and APVAT for the<br />
years from 2005-06 to 2007-08 set aside by High Court of Andhra Pradesh in favour of the Company,<br />
consequential revision orders has to be passed by the Commercial Tax Officer, Sri Nagar Colony,<br />
Hyderabad.<br />
** Against which bank guarantee of Rs. 215 lakhs has seen issued.<br />
(Rupees in Lakhs)<br />
2<br />
Particulars 2009-11 2008-09<br />
Estimated amount of contracts remaining to be executed on capital<br />
account and not provided for [net of advances of Rs.19,682.72 lakhs<br />
(30.09.2009: Rs.6,018.94 lakhs)]<br />
9,059.74 3,264.27<br />
3 Secured and Unsecured Loans<br />
a) Secured Loans<br />
i) Term loans availed from banks and financial institution are secured by first charge on all<br />
: : 75 : :
Change language