AGS Transact Technologies Limited

Annexure VII: Statement on Adjustments to Revised Restated Consolidated Financial Information

For the year ended 31 March 2019
AGS Transact Technologies Limited

Clause (vila)

According to the information and explanations given to us and on the basis of our examination of the records of the Company, amounts deducted/ accrued in the books of account in respect of undisputed statutory dues of Provident fund, Employ.
Income-tax, Goods and service tax and cess have not been regularly deposited with the appropriate authorities and there have been significant delays. As explained to us, the Company does not have any dues on account of Service tax, Sales tax, Value added tax and

Duty of excise during the year.

According to the information and explanations given to us, no undisputed amounts payable in respect of Provident fund, Employees’ state insurance, Income-tax, Goods and service tax, cess and other statutory dues were in arrears as at 31 March 2019 for a period of,

‘more than six months from the date they became payable, except as disclosed below

 

 

‘Name of Statute

Nature of the dues

Amount
(Rs. in million)

Periods to which the
amount relates

Due date

Date of payment

 

 

Financial year
The Central Goods and Service Tax Act, 2017 Interest on Goods and service tax 15.41 said a ae 120th of each next month Not paid
i : Financial year

The Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 Interest on Provident fund 078 Set {15th of each next month Not paid

 

 

Clause (vii)(b)

as follows

‘According to the information and explanations given to us, no dues of Income-tax, Sales tax, Value added tax, Service tax, Goods and service tax and Duty of customs whic!

ch have not been deposited with the appropriate authorities on account of any dispute, except are

 

IName of Statute

Nature of the dues

Amount demanded

 

‘Amount paid under
protest (Rs. in

Periods to which the amount

Forum where the dispute is pending

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Rs. in million) eo relates
million)

[The Central Excise Act, 1944 CENVAT Gredit 1,127.00 NillMarch 2014 to November 2015 [Customs, Excise & Service Tax Appellate Tribunal

[The Central Excise Act, 1944 [CENVAT Credit 1,402.25 Nill December 2015 to June 2017 [Commissioner

[The Customs Act, 1962 (Customs Duty 302.36 9,00]F.Y. 2005- 06 to 2008- 09 [Customs, Excise and Service Tax Appellate Tribunal

[The Odisha VAT Act, 2004 [Value Added Tax and penalty 16.65 NillF.¥. 2011-13 [Orissa High Court

[The Kerala VAT Act, 2003 Value Added Tax 1.36) 0.10|F-¥. 2010-11 [Deputy Commissioner (Appeals)

[The Kerala VAT Act, 2003 Value Added Tax: 1.08 0.24|F.Y. 2010-11 High Court

[The Central Excise Act, 194% Excise Duty’ 5.35 NilF-Y.2010-11 [Tribunal

[The Central Excise Act,1944 Excise Duty 0.43 0.03]. ¥. 2014-15 (Customs, Excise & Service Tax Appellate Tribunal

[Uttar Pradesh Value Added Tax Act, 2008 Value Added Tax 254 0.63] FY. 2007-08 [Tribunal

[The Odisha Entry Tax Act, 1999) Entry Tax 146 0.50|F-¥. 2011-13) [Orissa High Court

[The Madhya Pradesh VAT Act, 2002 Valued Added Tax 0.66 0.19[F.¥. 2010-11 [Tribunal

The Haryana VAT Act, 2003 [Value Added Tax and penalty 0.69 Nil[F-¥. 2012-13, [High Court of Punjab and Haryana

[The Kerala VAT Act, 2003 [Central Sales Tax and Interest 4.63 0.74|F.Y. 2013-16 [Deputy Commissioner (Appeals)

[The Andhra Pradesh VAT Act, 2005 Value Added Tax_ 2.42 0.30|F.¥. 2012-13 [Appellate Joint Commissioner (ST)

[West Bengal VAT Act, 2003, Value Added Tax 13.92 1.34[R-Y. 2014-15 [West Bengal Sales Tax Appellate Board

[The Gustoms Act, 1962 [Customs Duty eal NillF-¥. 2011-12 ‘ommissioner Appeal

[The Customs Act, 1962 [Customs Duty 3.03 NillE-Y. 2015-16 [Commissioner Appeal

The Customs Act, 1962 ene Pas Back 0.43 0.04]F.¥. 2007-08 Customs, Excise & Service Tax Appellate Tribunal

[The Central Goods and Services Tax Act, 2017 [Goods and Service Tax 076) F-Y. 2018-19 [Commissioner Appeals

[The Central Excise Act, 1944 Excise Duty 1,04]F-¥. 2017-18 [Commissioner Appeals

Finance Act, 1994 Service Tax 4.78|F.Y. 2017-18 [Commissioner Appeals

[The Central Goods and Services Tax Act, 2017 [Goods and Service Tax 12.68|F-Y. 2017-18 [Bombay High Court

 

311

state insurance,

 
