v3.25.1
Balances with Government Authorities - Schedule of Balances with Government Authorities (Details) - USD ($)
Dec. 31, 2024
Mar. 31, 2024
Mar. 31, 2023
Current      
Goods and service tax receivable $ 4,220,938 $ 4,277,019 $ 3,962,822
Less: Impairment (3,748,841) [1] (3,849,317) [1],[2] [2]
Balances with government authorities current 472,097 427,702 3,962,822
Non-current      
Other tax receivables 3,940 18,126 51,838
Balances with government authorities non current $ 3,940 $ 18,126 $ 248,321
[1] During the year ended March 31, 2024, the Company recorded an allowance for impairment of tax credits for an amount of $3,849,317 for estimated losses resulting from substantial doubt about the utilization of the tax credits. As of December 31, 2024 the impairment amounts to $3,748,841.
[2] As of March 31, 2024, the Company recorded an allowance for impairment of tax credits for an amount of $3,849,317 for estimated losses resulting from unlikely utilization of the tax credits. This allowance for impairment of tax credits was determined by estimating future uses of tax credits against output Goods and Service Tax (“GST”).