FORM NL-17-CURRENT LIABILITIES SCHEDULE

Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   

CURRENT LIABILITIES

( ₹ in 000)

Particulars

31.03.2021

31.03.2020

1

Agents’ Balances

2

Balances due to other insurance companies

24807 109

36161 784

3

Deposits held on re-insurance ceded

13882 139

8567 451

4

Premiums received in advance

5

Unallocated Premium

6

Sundry creditors

812 396

579 881

7

Service tax liability

 0

 0

8

Claims Outstanding

588730 001

573317 067

9

Due to Officers/ Directors

10

LPA Liabilities

 0

 0

11

GST Liabilities

2498 796

480 397

12

VAT Liability Dubai

14 433

20 567

TOTAL

630744 874

619127 147