ICICI Prudential Life Insurance Company Limited has received an order under Section 73 of Kerela Goods and Service Tax Act, 2017 from the office of Deputy Commissioner, Kerala, on April 29, 2024: Mismatch in ITC availed between Annual Return and Financial Statements, Mismatch in ITC as per GSTR-2A and ITC availed in GSTR-3B. The Authority has demanded GST along with applicable interest and penalty for Fiscal Year 2019 to Fiscal Year 2021. GST INR 16,041,869.

Interest of INR 10,108,698. Penalty ? INR 1,604,186.

Total: INR 27,754,753.