Notes to Standalone Financial St_Note_35

35 Contingent liabilities

( In Crore)

Particulars

As at 31 March

2024

2023

   

a.

Claims against the Company not acknowledged as debts

208.27

205.04

b.

Excise, Service tax, GST and Customs matters under dispute

355.20

341.75

c.

Income-tax matters

958.43

941.84

d.

Value Added Tax (VAT)/Sales Tax matters under dispute

101.03

126.62

e.

Claims made by temporary workmen
Pending before various judicial/appellate authorities in respect of similar matters adjudicated by the Supreme Court. The matter is contingent on the facts and evidence presented before the courts/adjudicating authorities and not necessarily likely to be influenced by the Supreme Court’s order

Liability unascertained

Liability unascertained

In all the cases mentioned above, outflow is not probable and hence not provided by the Company.