| FORM NL-17-CURRENT LIABILITIES SCHEDULE | |||
|---|---|---|---|
| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||
| CURRENT LIABILITIES | |||
| (` '000) | |||
| Particulars | As at 31.12.2017 | As at 31.12.2016 | |
| 1 | Agents’ Balances | ||
| 2 | Balances due to other insurance companies | 19495 049 | 11561 207 |
| 3 | Deposits held on re-insurance ceded | 9058 630 | 19841 698 |
| 4 | Premiums received in advance | ||
| 5 | Unallocated Premium | ||
| 6 | Sundry creditors | 549 075 | 419 892 |
| 7 | Service tax liability | 6 985 | 604 895 |
| 8 | Claims Outstanding | 403687 954 | 262809 683 |
| 11 | GST Liabilities | 1533 573 | 0 |
| 12 | Others (to be specified) | ||
| TOTAL | 434331 266 | 295237 375 | |