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OTHER OPERATING INCOME, NET | 12 Months Ended
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Mar. 31, 2022
OTHER OPERATING INCOME |
OTHER OPERATING INCOME, NET | 13. OTHER OPERATING INCOME, NET
|  | For the year ended December 31, |  |  | For the three months ended March 31, |  |  | For the fiscal year ended March 31, |  |  | For the fiscal year ended March 31, |
|  | 2019 |  |  | 2020 |  |  | 2021 |  |  | 2022 |
|  | RMB |  |  | RMB |  |  | RMB |  |  | RMB |
Guarantee income (Note 10) |  |  | — |  |  |  | 44,471 |  |  |  | 207,825 |  |  |  | 126 |
Government grant |  |  | — |  |  |  | 11,572 |  |  |  | 15,392 |  |  |  | 1,895 |
VAT in super deduction |  |  | 1,925 |  |  |  | — |  |  |  | — |  |  |  | — |
Gains from waiver of operating payables (i) |  |  | — |  |  |  | — |  |  |  | 2,010 |  |  |  | 73,747 |
Income from sale of loans recognized as a result of payments under guarantees |  |  | — |  |  |  | — |  |  |  | 21,119 |  |  |  | 26,279 |
Transfer-out of unused VAT-input deductible |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (20,030 | )
|  |  | 1,925 |  |  |  | 56,043 |  |  |  | 246,346 |  |  |  | 82,017 |
(i) The Company entered into supplemental agreements with several suppliers in May and June 2021, pursuant to which the Company would be exempted from the repayment of other payables of approximately RMB 120.4 million after all instalment pursuant to contractual payment schedule contained in the supplemental agreement are made by the Company. During the fiscal year ended March 31, 2022, a total of RMB 73.7 million gains from waiver of operating payables were realized.

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- Definition The entire disclosure for other operating income and other operating expense items. + References No definition available. + Details
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