Balance Sheet
Note_15
15 Sales tax deferral |
||||
(₹ In Crore) |
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Particulars |
As at 31 March |
|||
2023 |
2022 |
|||
|
||||
Unsecured |
124.23 |
122.77 |
||
124.23 |
122.77 |
The exemption of interest on the sales tax liability deferred for payment is considered as a Government grant and measured at an internal rate of return available for pre-payment of the liability as per the sales tax rules. [See note 35]