a) Accounting Convention
 
 The financial statements are prepared under historical cost convention,
 on accrual basis, in accordance with the generally accepted accounting
 principles in India and to comply with the Accounting Standards
 prescribed in the Companies (Accounting Standards) Rules, 2006 issued
 by the Central Government in exercise of the power conferred under
 sub-section (1) (a) of section 642 and the relevant provisions of the
 Companies Act, 1956 (the Act).
 
 b) Use of Estimates
 
 The preparation of the financial statements in conformity with
 generally accepted accounting principles requires management to make
 estimates and assumptions that affect the reported amounts of assets
 and liabilities and disclosure of contingent liabilities on the date of
 the financial statements and the results of operations during the
 reporting periods. Although these estimates are based upon management''s
 best knowledge of current events and actions, actual results could
 differ from those estimates and revisions, if any, are recognized in
 the current and future periods.
 
 c) Fixed Assets & Depreciation.
 
 (i) Fixed assets are stated at cost less accumulated
 depreciation/amortization. Cost comprises the purchase price and any
 attributable cost of bringing the asset to its working condition for
 its intended use.
 
 (ii) Fixed assets under construction, advances paid towards acquisition
 of fixed assets and cost of assets not ready for use as at the year
 end, are disclosed as capital work-in progress.
 
 (iii) Depreciation on fixed assets is provided on WDV method on pro
 rata basis from the date of addition at the rates and in the manner
 prescribed in Schedule XIV to the Companies Act, 1956.
 
 d) Investments
 
 Investments classified as long-term investments are stated at cost.
 Diminution in the investment has not been worked out and provided.
 
 e) Inventory
 
 Inventory comprises of raw materials, Semi finished and Finished goods
 are valued at Cost or net realizable Value, whichever is lower.
 
 Consumable stores are written off in the year of Purchase.
 
 f) Employee Benefits
 
 Provision for gratuity has not been made as none of the employee have
 completed the minimum qualified period of services.
 
 g) Claims, Demands and Contingencies
 
 Details of disputed and or contingent liabilities are not available.
 
 h) Provision for Current and Deferred Tax :
 
 i) Tax liability of the company is estimated considering the provision
 of Income Tax Act, 1961.
 
 ii) Deferred tax is recognized subject to consideration of prudence, on
 timing difference being the difference between taxable incomes and
 accounting income that originate in one period, and are capable of
 reversal in one or more subsequent period(s). Such deferred tax is
 quantified using rates and laws enacted or substantively enacted as at
 the end of the financial year.
 
 i) Impairment of Assets
 
 The Company assesses at each balance sheet date whether there is any
 indication that an asset may be impaired. If any such indication
 exists, the Company estimates the recoverable amount of the asset. If
 such recoverable amount of the asset or the recoverable amount of the
 cash generating unit to which the asset belongs is less than its
 carrying amount, the carrying amount is reduced to its recoverable
 amount and the reduction is treated as an impairment loss and is
 recognized in the Profit and Loss Account. If at the balance sheet date
 there is an indication that a previously assessed impairment loss no
 longer exists, the recoverable amount is reassessed and the asset is
 reflected at the recoverable amount subject to a maximum of depreciated
 historical cost.
 
 j) Revenue Recognition:
 
 Revenue is recognized to the extent that it is probable that the
 economics benefits will flow to the company and the revenue can be
 reliably measured.
 
 Sale of Goods:
 
 Revenue is recognized when the significant risks and rewards of
 ownership of the goods have passed to the buyer. Sales re reported net
 of Sales Tax and Excise Duty.
 
 Interest:
 
 Revenue is recognized on a time proportion basis talking into accounts
 the amount outstanding and the rate applicable.
 
 k) Foreign currency transactions
 
 Transactions in foreign currency and non-monetary assets are accounted
 for at the exchange rate prevailing on the date of the transaction. All
 monetary items denominated in foreign currency are converted at the
 year-end exchange rate. The exchange differences arising on such
 conversion and on settlement of the transactions are recognized as
 income or as expenses in the year in which they arise.