| FORM NL-17-CURRENT LIABILITIES SCHEDULE | |||
|---|---|---|---|
| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||
| CURRENT LIABILITIES | |||
| (` '000) | |||
| Particulars | As at 31.03.2018 | As at 31.03.2017 | |
| 1 | Agents’ Balances | ||
| 2 | Balances due to other insurance companies | 25379 398 | 14996 763 |
| 3 | Deposits held on re-insurance ceded | 9319 913 | 20789 348 |
| 4 | Premiums received in advance | ||
| 5 | Unallocated Premium | ||
| 6 | Sundry creditors | 1060 817 | 879 962 |
| 7 | Service tax liability | 278 679 | 173 383 |
| 8 | Claims Outstanding | 411754 676 | 295738 786 |
| 11 | GST Liabilities | 2093 278 | 0 |
| 12 | VAT Liability Dubai | 14 842 | 0 |
| TOTAL | 449901 603 | 332578 242 | |