NOTE 13. CURRENT LIABILITIES

3 Months Ended

Mar. 31, 2023

Other Liabilities Disclosure [Abstract]

NOTE 13. CURRENT LIABILITIES

NOTE 13. CURRENT LIABILITIES

Other Current Liabilities

Other Current Liabilities as mentioned in the below table includes short term liabilities. Short term bank borrowings relate to credit-lines and bank borrowings by the company’s subsidiary QIND to meet asset financing and working capital requirements for orders that are in production.

Particulars	March 31, 2023		December 31, 2022
Credit Cards		25,150		6,895
Payable to subsidiaries		82,145,676		82,235,560
Short Term Bank Borrowings		19,716,635		18,220,315
Tax Payable		17,361		31,421
Provision for Audit Fees		76,500
Provision for Expenses		80,000		9415
Accrued Interest for Convertible Notes		51,378		31,855
Other short-term loan		855,433		101,141
Payroll Liability		353,883		119,987
Misc. liabilities		1,262,345		1,303,229
TOTAL		104,584,361		102,059,819