Page 191 - Tata_Chemicals_yearly-reports-2020-2021

Integrated Report Statutory Reports Financial Statements
1-59 60-146 Standalone

22. Trade payables
` in crore
As at As at
March 31, 2021 March 31, 2020
(a) Trade payables (footnote 'i') 477.92 571.16
(b) Amount due to Micro Small and Medium Enterprises (footnote 'ii') 3.73 3.83
481.65 574.99
Footnotes:
(i) Trade payables are non-interest bearing and are normally settled within 60 days.
(ii) According to information available with the Management, on the basis of intimation received from suppliers regarding their status
under the Micro, Small and Medium Enterprises Development Act, 2006 ('MSMED Act'), the Company has amounts due to Micro,
Small and Medium Enterprises under the said Act as follows :
` in crore
As at As at
March 31, 2021 March 31, 2020
1 (a) Principal overdue amount remaining unpaid to any supplier 0.11 0.23
(b) Interest on 1(a) above * -
2 (a) The amount of principal paid beyond the appointed date 5.30 23.40
(b) The amount of interest paid beyond the appointed date - 0.01
3 Amount of interest due and payable on delayed payments 0.01 0.02
4 Amount of interest accrued and remaining unpaid as at year end 0.01 0.02
5 The amount of further interest due and payable even in the succeeding year - -
*value below ` 50,000
23. Tax assets
` in crore
As at As at
March 31, 2021 March 31, 2020
(a) Tax assets
Non-current - Advance tax assets (net) 574.90 588.94
24. Tax liabilities
` in crore
As at As at
March 31, 2021 March 31, 2020
(a) Current tax liabilities (net) 135.41 166.02

189