UltraTech Cement
BSE: 532538 | NSE: ULTRACEMCO | ISIN: INE481G01011 | Cement - Major
- Directors Report
- Chairman's Speech
- Auditors Report
- Notes To Accounts
- Accounting Policy
- Finished Products
- Raw Materials
| Notes to Accounts | Year End : Mar '09 |
1. Contingent Liabilities not provided for in respect of:
Rs. in Crores
Previous Year
Claims not acknowledged as debts in respect of matters in appeals
(a) Sales-tax liability 60.72 51.30
(b) Excise duty 46.71 27.35
(c) Royalty on Limestone/ Marl 41.01 43.27
(d) Customs 0.11 0.11
(e) Others 36.43 31.82
2. The Ministry of Textiles, vide its orders dated June 30, 1997 and
July 1, 1999 has deleted cement from the list of commodities to be
packed in Jute bags under the Jute Packaging (Compulsory Use in Packing
Commodities) Act, 1987. In view of this, the Company does not accept
any liability for non-despatch of cement in Jute bags in respect of
earlier years.
3. Estimated amount of contracts remaining to be executed on capital
account and not provided for (net of advances) Rs. 170.09 Crores
(Previous Year Rs. 491.32 Crores).
4. There is no principal amount overdue to the Micro, Small & Medium
enterprises.
No interest payable on overdue outstanding to the Micro, Small & Medium
enterprises as on March 31, 2009. (Previous Year Rs. 0.04 Crore)
5. During the current year the Company has revised estimated useful
life of some of the Assets. On account of which, depreciation is higher
by Rs. 16.57 Crores.
6. Figures less than Rs. 50,000 have been shown at actuals, wherever
statutorily required to be disclosed, as the figures have been rounded
off to the nearest lakh.
7. Previous years figures have been regrouped and rearranged
wherever necessary to conform to this years classification. |
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| Source : Religare Technova | |
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