FORM NL-17-CURRENT LIABILITIES SCHEDULE

Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   

CURRENT LIABILITIES

( ₹ in 000)

Particulars

30.06.2021

30.06.2020

1

Agents’ Balances

2

Balances due to other insurance companies

36976 490

40393 069

3

Deposits held on re-insurance ceded

13361 713

13374 697

4

Premiums received in advance

5

Unallocated Premium

6

Sundry creditors

393 738

418 980

7

Service tax liability

 0

 0

8

Claims Outstanding

626083 102

641907 595

9

Due to Officers/ Directors

10

LPA Liabilities

 0

 0

11

GST Liabilities

2089 489

4698 901

12

VAT Liability Dubai

21 108

3 473

TOTAL

678925 640

700796 715