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  MAHARASHTRA STATE SEEDS CORPORATION LTD.    
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  Finance 
The accounts of the Corporation are maintained in all district offices in the State as well as at the office in other states apart from the Head Office. For maintenance of the accounts, special application software has been designed wit the help of in-house resources and has been giving fruitful results. The audit has been completed upto 31.3.2006. The annual turnover is Rs.225/- Crores. The paid up capital is Rs. 418.44 Lacs and the fixed assets are Rs.3,914.50 Lacs (figures as on 31.3.2006). The working capital requirement is fulfilled from funds generated from business as well as Cash Credit Limit of Rs.50/- Crores sanctioned by Bank of Maharashtra.
Audit
 
  • Statutory audit is done by a firm of Chartered Accountant appointed by the Comptroller & Auditor General of India, New Delhi.
  • The tax audit is also done under section 44AB of Income Tax Act.
  • The accounts are also audited by the Office of the Accountant General, Mumbai.
  • The internal audit is done by own Internal Audit Department.
 
  Income Tax  
 
Status Company registered under Companies Act, 1956
Permanent Account No. (PAN) AABCM1868L
Tax Account No. (TAN) NGPM00460F
Accessing Authority Assistant Commissioner of Income Tax Akola Circle, Akola
 
  Sales Tax  
 
Maharashtra VAT RC 444001927
CST RC 4440011C19
VAT TIN 27350005721V
CST TIN 27350005721C
Gujrath GST NLD 12504390
Madhya Pradesh MPST 23801302963
Andhra Pradesh APGST VAT TIN 28420144290
 
  Bankers  
 
1.  Bank of Maharashtra Umari Branch Akola (Maharashtra)
Branch Code No. 023/0622
Bank A/c No Current A/c—CCMB1 
2.  State Bank of India Ramdas Peth Branch Akola (Maharashtra)
Bank A/c No.  11016178848 
3. HDFC Bank Sethi Height, Near Collector Office Akola (Maharashtra)
Bank A/c No.  2210345085 
4 Bank of India New Cloth Market Akola (Maharashtra)
Branch Code No.   9650
Bank A/c No. CC7
 
  Insurance  
 
Sr. No. Particulars Policy No. To whom to be contacted
1 Assets Insurance 161000/11/04/ 00046 to 50 Branch Manager New Assurance Company Rayat Haveli Old Cotton Market, Tilak Road Akola (Maharashtra
2 Seed in Transit 161000/21/06/04/ 00000010 As Above
3 Processing Material in transit As above
4 Personal Accident Policy Movement within Akola Distirct 161000/21/06/02/ 0000029 As above
Movement outside Akola Distirct 161000/21/06/02/ 0000063
5 Group Gratuity cum Life Insurance Policy 21143 Branch Manager P&GS Unit Life Insurance Corporation Shri Krishna Peth Near Dafrin Hospital Amravati (Maharashtra)
 
Designed & Developed by : K. Asif Ahmed, System Manager, D.N. Kalbende, Computer Cell, Mahabeej , Akola
All copyrights reserved with MSSCL, Akola Year 2009-2010