The other current liabilities included deferred revenues of Rs.1576.50 million and Rs.1882.30 million for the financial years 2016-17 and 2017-18 respectively. The deferred revenues included government grants and incentives; grants were with respect to assets that were amortized over the useful life of the assets, and the grants awarded as incentives, were recognized as income during the year in which the grant was received.. |
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