50
th
ANNUAL REPORT 2015-2016 THE GEM & JEWELLERY EXPORT PROMOTION COUNCIL
104
THE GEM & JEWELLERY EXPORT PROMOTION COUNCIL
(A COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL)
NOTES TO THE STANDALONE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH, 2016
Previous
Note
Year
Note
Rupees
Rupees
Rupees
THE GEM & JEWELLERY EXPOR PROMOTION COUNCIL
( A COMPANY LIMITE BY GUARANTEE AND NOT HAVING SHARE C PITAL )
NOTES TO THE STANDALONE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2016
19 FINANCE COSTS :
Interest on Retention Money (Employees)
1,85,732
1,95,047
Interest on delayed payment of Service Tax
176
23,737
Interest on Loan NSDC
-
7,54,000
-
5,37,843
Interest (Others)
7,721
1,037
1,93,629
15,11,664
20 DEPRECIATION & AMORTIZATION EXPENSES :
Depreciation
1,71,15,160
3,05,61,379
Less:(I)Transferred from grant in aid from Govt of India
for office Premises for RO Kolkata
52,644
54,167
(II)Transferred from Grant in aid under Assistance to
State for Development of Export Infrastructure
scheme for setting uoIndian Institute of Gem &
2,18,536
2,24,139
Jewellery at Mumbai
(III)Transferred from Grant from National Skill
Development Corporation (NSDC) for IIGJ, Jaipur
17,92,586
37,24,640
(IV)Transferred from Grant in aid under Assistance to
State for Development of Export for Gem Testing Laboratory
Jaipur
33,46,688
54,10,453
51,78,799
1,17,04,707
2,13,79,634
Amortisation of Land
2,46,800
2,46,800
Less: Transferred from Grant in aid under Assistance to
State for Development of Export Infrastructure
scheme for setting up Indian Institute of Gem
1,30,821
1,30,821
& Jewellery at Mumbai
1,15,979.00
1,15,979
1,18,20,686
2,14,95,613
21 OTHER EXPENDITURE :
Administrative Expenditure
" 21.1 "
1,87,90,600
1,58,97,510
Training, Research & Development Expenditure
" 21.2 "
1,23,78,899
1,14,96,224
Expenditure on Exhibitions and Advertisement & Publicity
" 21.3 "
1,04,24,91,461
1,04,14,92,092
Other Expenditure
" 21.4 "
1,04,75,089
1,81,77,411
Kimberley Process Certification Scheme Expenses
" 21.5 "
82,37,007
1,13,91,890
Expenditure on International Diamond Conference
-
2,87,17,775
Expenditure on Buyer-Seller Meet
-
73,92,537
Study on Presumptive Taxation
-
14,46,465
Trend Forecasting Seminar
28,72,995
25,46,148
Study on Synthetic Diamonds
-
20,09,523
Charity & Donation
-
71,609
1,07,14,781
Contribution for Promotion of the Objects of the Council
Gemmological Institute of India
1,86,62,120
2,40,00,000
Indian Institute of Gem & Jewellery, Kolkata
-
11,000
Indian Institute of Gem & Jewellery, Mumbai
18,43,286
-
Indian Institute of Gem & Jewellery, New Delhi
34,430
-
Indian Diamond Institute
46,92,688
-
Assets Discarded
54,745
26,444
Provision for Doubtful Debts
-
38,796
1,13,12,48,101
1,16,47,15,424
Interest on Unutilised Grant in Aid under ASIDE Scheme for
IIGJ Kolkatta
Corporate Social Responsibility Expenses (2014-2015 : Rs.
