Page 50 - Cgtmse

23 Annual Report 2022-23
rd

Schedule

Forming Part of the Balance Sheet and Income and Expenditure Account

Why Service Tax of ₹`40,330/- should not be the additional provision suggested by Actuary in his
recovered on Penal Charges deducted while report is ₹`3,219.90 Crore as on 31.03.2023. Details of
making payment to M/s Path Infotech be covered provision for such claims are as under:
as declared service under sub-clause (e) of section Amount (`)
66E of Chapter V of the Finance Act, 1994. Particulars Current Year Previous Year
Why ₹`1,37,182/- should not be recovered along Opening balance as on 63,11,63,00,405 5,217,11,91,147
with applicable interest for short reversal of 1 April
st
common cenvat credit in relation to exempt Less: Claim paid during 18,07,80,36,185 1,227,38,90,742
turnover of services. the year
In response thereto written submissions have Add: Provision made 32,19,90,00,000 2,321,90,00,000
been filed on 18.11.2021. Thereafter, till date no during the year
further communication either fixing the date for Closing Balance as on 77,23,72,64,220 63,11,63,00,405
st
PH for adjudication or dropping of SCN is received. 31 March
7. Figures of previous year have been regrouped,
6. The Trust has obtained Actuarial Valuation Report of reclassified and rearranged wherever necessary.
Expected Pay out due to Default in Loans. Accordingly,

For Maheshwari & Co. On behalf of the Board of Trustees of CGTMSE
Chartered Accountants
ICAI Firm Reg. No. 105834W

Sd/- Sd/- Sd/-
(Pawan Gattani) (Sandeep Varma) (Sivasubramanian Ramann, IA&AS)
Partner CEO & Member Secretary Chairman
M.No. 144734

Place: Mumbai
Date: 26 September, 2023
th

48