FORM NL-16-ADVANCES AND OTHER ASSETS SCHEDULE
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA
ADVANCES AND OTHER ASSETS
			(` '000)
	Particulars	As at 30.09.2019	As at 30.09.2018
	ADVANCES
1	Reserve deposits with ceding companies	85808 868	67677 636
2	Application money for investments	670 235	0
3	Prepayments	88 228	55 741
4	Advances to  Directors/Officers	8 045	11 372
5	Advance tax paid and taxes deducted at source (Net of provision for taxation)	6005 963	1919 799
6	Others	812 112	102 200
7	Deferred Commission	0	0
	TOTAL (A)	93393 451	69766 748
	OTHER ASSETS
1	Income accrued on investments	11186 093	10608 161
2	Outstanding Premiums
3	Agents’ Balances
4	Foreign Agencies Balances
2	Due from other entities carrying on insurance business  (including reinsurers)	218500 063	175648 476
6	Due from subsidiaries/ holding
3	Deposit U/S-7 of Insurance Act	0	0
4	Sundry Debtors	291 577	1146 639
5	Sundry Deposits	11639 015	9452 509
10	LPA Assets	0	0
6	MAT Credit	14438 189	20857 816
7	Service Tax Unutilised Credit	0	0
8	VAT Asset Dubai	0	0
9	GST Asset	1470 569	1906 126
	TOTAL (B)	257525 506	219619 727
	TOTAL (A+B)	350918 957	289386 475
Notes:
(a)        The items under the above heads shall not be shown net of provisions for doubtful amounts. The amount of provision against each head should be shown separately.
(b)        The term ‘officer’ should conform to the definition of that term as  given under the Companies Act, 2013.
(c)        Sundry Debtors will be shown under item 9(others)