ICICI Prudential Life Insurance Company Limited informed that the company has received an order under Section 73 of the Union Territory Goods and Service Tax Act, 2017 (Chandigarh) from the office of Commercial Tax officer, Chandigarh, on April 26, 2024. Name of the Authority: Commercial Tax Officer, Chandigarh. Date of receipt of communication from the Authority: April 26, 2024.

Details of the violation(s)/contravention(s) committed or alleged to be committed: Demand due to mismatch in GST Input Tax Credit as appearing on GST portal (Form GSTR-2A) vis-a-vis shown in Form GSTR-3B for Fiscal Year 2019. Nature and details of the action(s) taken, initiated or order(s) passed: The Authority has demanded GST along with applicable interest and penalty for financial year 2019. Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible: GST; INR 42,592, Interest: INR 40,462, Penalty: INR 20,000, Total: INR 103,054.