FORM NL-17-CURRENT LIABILITIES SCHEDULE

Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   

CURRENT LIABILITIES

(Rs. '000)

Particulars

30.06.2020

30.06.2019

1

Agents’ Balances

2

Balances due to other insurance companies

40393 069

34830 135

3

Deposits held on re-insurance ceded

13374 697

8488 959

4

Premiums received in advance

5

Unallocated Premium

6

Sundry creditors

418 980

25 011

7

Service tax liability

 0

 0

8

Claims Outstanding

641907 595

533306 627

9

Due to Officers/ Directors

10

LPA Liabilities

 0

 0

11

GST Liabilities

4698 901

4661 220

12

VAT Liability Dubai

3 473

10 843

TOTAL

700796 715

581322 795