Deferred tax assets and liabilities are offset when there is a legally enforceable right to set off current tax assets against current tax liabilities and when the deferred taxes relate to the same tax authority. The movements in deferred tax, determined after appropriate offsetting, during the financial year are as follows:

 Schedule of deferred tax liabilities

As at 31 March 2023, the deferred tax in the financial statements is in respect of tax effects arising from deductible temporary differences on property, plant, and equipment.