Page 221 - Hitachi IR 2025

Name of the
statute
Nature of the
dues
Amount (`) Pre-deposit (`) Period to which the
amount relates
Forum where
the dispute is
pending
Remarks,
if any
Goods and
Services Tax
Act, 2017
Goods &
Service Tax
` 13.45 Crores April 2020 to
March 2021
Appellate
Deputy
Commissioner,
Chennai
Goods and
Services Tax
Act, 2017
Goods &
Service Tax
` 7.57 Crores April 2020 to
March 2021
Deputy
commissioner.
Lucknow
Goods and
Services Tax
Act, 2017
Goods &
Service Tax
` 0.18 Crores ` 0.18 Crores October 2021 and
March 2023
Deputy
Commissioner
(Appeals),
Gujarat
Goods and
Services Tax
Act, 2017
Goods &
Service Tax
` 0.07 Crores April 2020 to
March 2021
Deputy
commissioner.
Rajasthan
Goods and
Services Tax
Act, 2017
Goods &
Service Tax-
` 0.01 Crores Nov 2023 Joint
Commissioner
of Commercial
Taxes,
Karnataka
Income Tax
Act, 1961
Assessing
officer
Income Tax
Act, 1961
Income Tax ` 8.62 Crores FY 2020-21 and
FY 2021-22
Income Tax `54.39Crores FY 2019-20 High Court,
Karnataka
The Custom
Act, 1962
Custom Duty ` 0.57 Crores ` 0.57 Crores March 2020 to
October 2022
CC (Appeals),
Mumbai
Custom Duty ` 0.12 Crores ` 0.12 Crores August, 2022 CC (Appeals),
JNCH, Raigad
The Custom
Act, 1962
Custom Duty ` 0.09 Crores ` 0.09 Crores January 2020 to
April 2021
CESTAT,
Mumbai
The Custom
Act, 1962
Custom Duty ` 0.02 Crores ` 0.02 Crores October 2022 CC(Appeals),
Delhi
The Custom
Act, 1962
(viii) As disclosed in note 43 to the accompanying financial statements, the Company has not surrendered or disclosed
any transaction, previously unrecorded in the books of account, in the tax assessments under the Income Tax
Act, 1961 as income during the year. Accordingly, the requirement to report on clause 3(viii) of the Order is not
applicable to the Company.
(ix) (a) The Company has not defaulted in repayment of loans or other borrowings or in the payment of interest
thereon to any lender.
(b) As disclosed in note 43 to the accompanying financial statements, the Company has not been declared
wilful defaulter by any bank or financial institution or government or any government authority.
(c) The Company did not have any term loans outstanding during the year hence, the requirement to report
on clause (ix)(c) of the Order is not applicable to the Company and hence not commented upon.
(d) On an overall examination of the financial statements of the Company, no funds raised on short-term basis
have been used for long-term purposes by the Company.
(e) The Company does not have any subsidiary, associate or joint venture. Accordingly, the requirement to
report on clause 3(ix)(e) of the Order is not applicable to the Company and hence not commented upon.
(f) The Company does not have any subsidiary, associate or joint venture. Accordingly, the requirement to
report on Clause 3(ix)(f) of the Order is not applicable to the Company and hence not commented upon.
(x) (a) The Company has not raised any money during the year by way of initial public offer / further public offer
(including debt instruments) hence, the requirement to report on clause 3(x)(a) of the Order is not applicable
to the Company and hence not commented upon.
Integrated Annual Report 2024-25
219