Balance Sheet
Sa_Notes15

15   Sales tax deferral

( In Crore)

Particulars

As at 31 March

2025

2024

     

Unsecured
Sales tax deferral liability/loan, an incentive under Package Scheme of Incentives 1983 and 1993 – interest free, partially prepaid

127.64

125.84

127.64

125.84

      
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 33]