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ACCRUED LIABILITIES AND OTHERS
12 Months Ended
Mar. 31, 2024
Payables and Accruals [Abstract]  
ACCRUED LIABILITIES AND OTHERS

NOTE 9 – ACCRUED LIABILITIES AND OTHERS

  

As of

March 31, 2024

($)

  

As of

March 31, 2023

($)

 
Compensation and other contributions   82,368    15,193 
Other current liability   42,832    37,485 
Advance from customers   3,494    2,893 
Operating lease liability   36,361      
Total   165,055    55,571 

 

 

  

As of

March 31, 2024

($)

  

As of

March 31, 2023

($)

 
Statutory reserve*   7,112    - 
Other current liability   300,000    - 
Operating lease liability – non-current   191,314    - 
                
Total   498,426    - 

 

Compensation and other contribution related liabilities consist of accrued salaries to employees. Other current liability also includes $ 14 thousand of dealer deposits received from various dealers as of March 31, 2024 (March 31, 2023: $ 28 thousand).

 

*The statutory reserve is a gratuity reserve for employees in our subsidiaries in India.