Mar 31, 2015
The accounts have been prepared on historical cost convention.
[ii] Fixed Assets and Depreciation
[a] Fixed assets are stated at cost less accumulated depreciation.
Cost of acquisition or construction is inclusive of freight, duties,
taxes and other incidental expenses.
[b] Depreciation is charged on a prorata basis at the SLM rates
prescribed in Schedule II of the Companies Act, 2013 for the remaining
useful life of the fixed assets. No write-off is being made in respect
of leasehold land.
[iii] Inventories
[a] Raw materials and components are valued at cost.
[b] Finished goods are valued at cost or market value, whichever is
lower. Finished stock lying in the factory premises are valued
exclusive of excise duty. Custom duty on material lying in Bond or in
transit is accounted for at the time of clearance thereof.
[iv] Recognition of Income and Expenditure
All Income and Expenditure are accounted on an accrual basis.
Mar 31, 2014
The accounts have been prepared on historical cost convention. [ii]
Fixed Assets and Depreciation
[a] Fixed assets are stated at cost less accumulated depreciation. Cost
of acquisition or construction is inclusive of freight, duties, taxes
and other incidental expenses.
[b] Depreciation is charged on a prorata basis at the SLM rates
prescribed in Schedule XIV of the Companies Act, 1956. No write-off is
being made in respect of leasehold land.
[iii] Inventories
[a] Raw materials and components are valued at cost.
[b] Finished goods are valued at cost or market value, whichever is
lower. Finished stock lying in the factory premises are valued
exclusive of excise duty. Custom duty on material lying in Bond or in
transit is accounted for at the time of clearance thereof.
[iv] Recognition of Income and Expenditure All Income and Expenditure
are accounted on an accrual basis.
Mar 31, 2013
(i) The accounts have been prepared on historical cost convention.
(ii) Fixed Assets and Depreciation
(a) Fixed assets are stated at cost less accumulated depreciation. Cost
of acquisition or construction is inclusive of freight, duties, taxes
and other incidental expenses.
(b) Depreciation is charged on a prorata basis at the SLM rates
prescribed in Schedule XIV of the Companies Act, 1956. No write-off is
being made in respect of leasehold land.
(iii) Inventories
(a) Raw materials and components are valued at cost.
(b) Finished goods are valued at cost or market value, whichever is
lower. Finished stock lying in the factory premises are valued
exclusive of excise duty. Custom duty on material lying in Bond or in
transit is accounted for at the time of clearance thereof.
(iv) Recognition of Income and Expenditure
All Income and Expenditure are accounted on an accrual basis.
Mar 31, 2012
(i) The accounts have been prepared on historical cost convention.
(ii) Fixed Assets and Depreciation
(a) Fixed assets are stated at cost less accumulated depreciation. Cost
of acquisition or construction is inclusive of freight, duties, taxes
and other incidental expenses.
(b) Depreciation is charged on a prorata basis at the SLM rates
prescribed in Schedule XIV of the Companies Act, 1956. No write-off is
being made in respect of leasehold land.
(iii) Inventories
(a) Raw materials and components are valued at cost.
(b) Finished goods are valued at cost or market value, whichever is
lower. Finished stock lying in the factory premises are valued
exclusive of excise duty. Custom duty on material lying in Bond or in
transit is accounted for at the time of clearance thereof.
(iv) Recognition of Income and Expenditure :
All Income and Expenditure are accounted on an accrual basis.
Mar 31, 2011
[i] The accounts have been prepared on historical cost convention.
[ii] Fixed Assets and Depreciation
[a] Fixed assets are stated at cost less accumulated depreciation. Cost
of acquisition or construction is inclusive of freight, duties, taxes
and other incidental expenses.
[b] Depreciation is charged on a prorata basis at the SLM rates
prescribed in Schedule XIV of the Companies Act, 1956. No write-off is
being made in respect of leasehold land.
[iii] Inventories
[a] Raw materials and components are valued at cost.
[b] Finished goods are valued at cost or market value, whichever is
lower. Finished stock lying in the factory premises are valued
exclusive of excise duty. Custom duty on material lying in Bond or in
transit is accounted for at the time of clearance thereof.
[iv] Recognition of Income and Expenditure :
All Income and Expenditure are accounted on an accrual basis.
Mar 31, 2010
[i] The accounts have been prepared on historical cost convention.
[ii] Fixed Assets and Depreciation
[a] Fixed assets are stated at cost less accumulated depreciation. Cost
of acquisition or construction is inclusive of freight, duties, taxes
and other incidental expenses.
[b] Depreciation is charged on a prorata basis at the SLM rates
prescribed in Schedule XIV of the Companies Act, 1956. No write-off is
being made in respect of leasehold land.
[iii] Inventories
[a] Raw materials and components are valued at cost.
[b] Finished goods are valued at cost or market value, whichever is
lower. Finished stock lying in the factory premises are valued
exclusive of excise duty. Custom duty on material lying in Bond or in
transit is accounted for at the time of clearance thereof.
[iv] Recognition of Income and Expenditure :
All Income and Expenditure are accounted on an accrual basis.