FORM NL-17-CURRENT LIABILITIES SCHEDULE


Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   


CURRENT LIABILITIES





(` '000)

Particulars As at 31.12.2018 As at 31.12.2017
1 Agents’ Balances

2 Balances due to other insurance companies 25589 584 19495 049
3 Deposits held on re-insurance ceded 8718 288 9058 629
4 Premiums received in advance

5 Unallocated Premium

4 Sundry creditors 709 461 549 075
5 Service tax liability 0 6 985
6 Claims Outstanding 486784 943 403687 954
9 Due to Officers/ Directors

10 LPA Liabilities 0 0
7 GST Liabilities 4722 759 1533 573
8 VAT Liability Dubai 40 525 0

TOTAL 526565 559 434331 265