1. a) As per the policy of management each year actual bad debts are
 ascertained after the consideration and they are written off.
 
 (b) Balance of Deposits and Advances are subject to confirmation from
 the respective parties
 
 (a) The company is engaged in the business of sale of made tea
 (including blending), Logs & Iron & Steel items, etc. The Products and
 their applications are homogeneous in nature. The business segments are
 organized as domestic and international on the basis of geographical
 segment.
 
 (b) Segment assets & liabilities, as well as revenue and expenses are
 directly attributable to the segment.
 
 (c) All unallocated assets and liabilities and revenue and expenses are
 treated separately.
 
 (d) There are no separate reportable secondary segments.
 
 (e) Accounting policies of the segment are the same as those described
 in Summary of significant accounting policies as set out in Note No. 1
 of Schedule.
 
 2.  The Company accounts for the profit/loss on forex derivative
 contracts as & when they are settled as against AS-30, issued by the
 Institute of Chartered Accountants of India on Financial
 Instruments: Recognition and Measurement which requires the company
 to provide for loss on outstanding forex derivative contracts as at
 Balance Sheet date.
 
 3.  Based on the intimation received by the company none of the
 suppliers have confirmed to be registered under The Micro Small and
 Medium Enterprises Development Act, 2006.  Accordingly the
 disclosures relating to amounts unpaid as at the year ended together
 with interest paid or payable is not required to be furnished.
 
 4.  The financial statements for the year ended 31 st March, 2011 had
 been prepared as per the then applicable, pre-revised Scheduled VI to
 the Companies Act, 1956. Consequent to the notification under the
 Companies Act, 1956, the financial statements for the year ended 31 st
 March, 2012 are prepared under revised Schedule VI. Accordingly, the
 previous year figures have also been reclassified to conform to this
 year''s classification.
 
 5.  The information as required to be furnished pursuant to the
 General Instructions to Part I & Part II of the Schedule VI to the
 Companies Act, 1956 have been given to the extent applicable.