BSECompany Update4d ago · 30 Jul 2026, 05:28 pm
This is to inform that the Corporation has received a communication for GST, Interest and penalty for Jharkhand state.
Life Insurance Corporation of India · 543526
✦ AI SummaryRegulatory
Life Insurance Corporation of India has received a communication for GST, interest, and penalty for Jharkhand state, with a demand of INR 99,09,87,896 for GST, INR 9,90,98,790 for penalty, and interest as applicable. The order is appealable before the Commissioner (Appeals), Jamshedpur. The financial impact is limited to the extent of the demand, with no material impact on financials, operations, or other activities of the Corporation.
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Life Insurance Corporation of India - 543526 - GST Litigation
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Ref. No.: LIC/SE/2026-27/73 Date: July 30, 2026
The Manager, The Manager,
Listing Department, Listing Department,
BSE Limited, National Stock Exchange of India Ltd.,
Phiroze Jeejeebhoy Tower, Exchange Plaza,
Floor, Plot C/1,
Dalal Street, G Block, Bandra Kurla Complex,
Mumbai-400001 Mumbai-400051
Scrip Code: 543526 Scrip Code: LICI
Dear Sir/Madam,
Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (“Listing Regulations”)
Pursuant to Regulation 30 of the Listing Regulations, it is to inform that the Life Insurance Corporation of India
(“the Corporation”) has received a communication/ demand order for Goods & Service Tax, Interest and penalty
for Jharkhand State. The order is appealable before the Commissioner (Appeals), Jamshedpur.
The details as required under Regulation 30 of the Listing Regulations are as below:
Name of the authority(s) Additional Commissioner Central GST & Central Excise,
Jamshedpur
Demand of GST, interest and penalty for F.Y. 2022-23
Nature and details of the action(s) GST – INR 99,09,87,896/-
Interest – As Applicable
Penalty - INR 9,90,98,790/-
Date of receipt of communication from the July 30, 2026
authority
Details of the violation(s)/contravention(s) Pre-Mature Availment of Input Tax Credit on Reverse
committed or alleged to be committed Charge Mechanism
Impact on financial, operation or other The financial impact of the demand is to the extent of the
activities of the listed entity, quantifiable in GST, Interest and Penalty. There is no material impact on
monetary terms to the extent possible. financials, operations or other activities of the Corporation.
Please take the above information on record and arrange for dissemination. A copy of this intimation is also
being made available on the website of the Corporation at www.licindia.in.
Yours faithfully,
For Life Insurance Corporation of India
(Anshul Kumar Singh)
Company Secretary & Compliance Officer