ICICI Prudential Life Insurance Company Limited Receives an Order from Assistant Commissioner Division IX, CGST & CX , Mumbai Central Maharashtra State
ICICI Prudential Life Insurance Company Limited informed that the Company has received an order under Section 74 of GST Act 2017 from Assistant Commissioner Division IX, CGST & CX, Mumbai Central, Maharashtra state, on February 5, 2025, for the period from July 2017 to September 2019. The Authority has demanded GST along with applicable interest and penalty. GST is INR 18,764,898/-, Interest is as per applicable provisions, Penalty is INR 18,814,898/-, and Total is INR 37,579,796.
ICICI Prudential Life Insurance Company Limited is engaged in carrying on the business of providing life insurance, annuity, pensions and health insurance products to individuals and groups. The Company's segments include Par Life, Par Pension, Non-Par Life, Non-Par Pension, Non-Par Variable Life, Non-Par Variable Pension, Annuity, Health, Linked Life, Linked Pension, Linked Health, Linked Group Life, and Linked Group Pension. The Company's product portfolio includes Non-Linked Insurance Savings Plans, Protection Plans, Unit Linked Insurance Plans, Pension Accumulation Plans, Annuity Plans, Riders, Group Term Plans. Its non-linked insurance savings plans include ICICi Pru Gift Select, ICICI Pru Gift Pro, ICICI Pru Guaranteed Income for Tomorrow and others. Its protection plans include ICICI Pru iProtect Smart, ICICI Pru iProtect Return of Premium, ICICI Pru iProtect Super and others. Its Unit-Linked Insurance Plans include ICICI Pru Signature, ICICI Pru EzyGrow and others.
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ICICI Prudential Life Insurance Company Limited Receives an Order from Assistant Commissioner Division IX, CGST & CX , Mumbai Central Maharashtra State
