Amal Ltd 2020-21

85 ( ` lakhs) Note 15 Other current liabilities As at March 31, 2021 As at March 31, 2020 a) Statutory dues 39.51 25.55 b) Other liabilities 0.85 0.93 40.36 26.48 ( ` lakhs) Note 16 Revenue from operations 1 2020-21 2019-20 Sale of chemicals 2,718.29 2,926.68 Sale of steam 314.89 320.33 Revenue from contracts with customers 3,033.18 3,247.01 Other operating revenue: Scrap sales | Other revenue 8.86 12.98 3,042.04 3,259.99 1 Contracts with customers are for short-term, at an agreed price basis having contracted credit period ranging up to 90 days. These contracts are mainly for sale of chemical products and steam besides sale of scrap and other goods. The contracts do not grant for any rights to return to the customers. Return of goods are accepted by the Company only on exceptional basis. Reconciliation of revenue from contracts with customers recognised at contract price: ( ` lakhs) Particulars 2020-21 2019-20 Contract price 3,033.34 3,247.10 Adjustments for: Consideration payable to customers - discounts 1 (0.16) (0.09) Revenue from contract with customers 3,033.18 3,247.01 1 Consideration payable to customers like discounts and price reductions offered to customers are estimated on specific identified basis and reduced from the contract price when the Company recognises revenue from the transfer of the related goods or services to the customer, and the entity pays or promises to pay the consideration.