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Showing contexts for: turnover decrease in Rajasthan Explosives Chemicals ... vs Jcit, Circle- 21(1), New Delhi on 19 March, 2025Matching Fragments
Appellant Company submitted chart showing the G.P ratio for the aforesaid periods which shows that G.P Ratio of the Appellant Company has substantially decreased (in fact negative ratio of 35.74% due to gross loss suffered) in license suspension period. Further, during the A. Y., the turnover of the Appellant Company also decreased substantially from 68.06 Cr to 21.83 Cr. due to above suspension of license, whereas the fixed cost of salary & wages, power & fuel, water and stores & spares etc. was not proportionately reduced.