Life Insurance Corporation of India (LIC) has issued a corrigendum to its earlier disclosure regarding the demand for GST, interest, and penalty notice. The correction pertains to the financial years 2018-19 and 2019-20. The word ‘2019-20’ in the table’s second row should be read as ‘2020-21’. This update is available on the LIC website.
Correction in GST Demand Disclosure
LIC has announced a correction to its previously filed disclosure concerning the demand for GST, interest, and penalty. This corrigendum addresses a specific error related to the mentioned financial years.
Revised Financial Year Information
The corrigendum specifies that the term ‘2019-20’, as it appears in the second row of the table discussing the GST demand, should be corrected to read as ‘2020-21’. This revision ensures the accuracy of the information being presented.
Availability of Information
The updated information is accessible on the official website of the Life Insurance Corporation of India at www.licindia.in. This allows stakeholders to review the corrected details regarding the GST demand.
Source: BSE