The components of balances with government authorities were as follows: (In USD)
As at | | June 30,
2026 | | | March 31,
2026 | | | Current | | | | | | | | Goods and service tax receivable | | $ | 3,388,136 | | | $ | 3,400,071 | | | Less: Impairment* | | | (3,388,136 | ) | | | (3,400,071 | ) | | | | $ | - | | | $ | - | |
| * | As of June 30, 2026, the impairment amounts to $3,388,136 (March 31, 2026 : $3,400,071) for the estimated losses resulting from substantial doubt about the 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”). No impairment allowance has been created for the period ended June 30, 2026 and June 30, 2025. |
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