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FORM NL-17-CURRENT LIABILITIES SCHEDULE |
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Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA |
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CURRENT LIABILITIES |
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(` '000) |
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Particulars |
As at 31.12.2019 |
As at 31.12.2018 |
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1 |
Agents’ Balances |
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1 |
Balances due to other insurance companies |
42666 913 |
25589 584 |
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2 |
Deposits held on re-insurance ceded |
8653 553 |
8718 288 |
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4 |
Premiums received in advance |
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5 |
Unallocated Premium |
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3 |
Sundry creditors |
470 194 |
709 461 |
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4 |
Service tax liability |
0 |
0 |
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5 |
Claims Outstanding |
584187 909 |
486784 943 |
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6 |
Due to Officers/ Directors |
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6 |
LPA Liabilities |
0 |
0 |
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7 |
GST Liabilities |
5189 497 |
4722 759 |
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8 |
VAT Liability Dubai |
12 056 |
40 525 |
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TOTAL |
641180 122 |
526565 560 |
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