ICICI Prudential Life Insurance receives ₹8.5 Crore GST order, plans appeal.

ICICI Prudential Life Insurance Company Limited has received an order under Section 73 of the Goods and Service Tax Act, 2017, from the Assistant Commissioner, Delhi, on December 23, 2025. The order p...

ICICI Prudential Life Insurance Company Limited has received an order under Section 73 of the Goods and Service Tax Act, 2017, from the Assistant Commissioner, Delhi, on December 23, 2025. The order pertains to the Financial Year 2022 and includes a total demand of ₹85,195,304, comprising GST of ₹47,914,154, interest of ₹32,489,735, and a penalty of ₹4,791,415. The company intends to file an appeal against this order before the Commissioner (Appeals) within the stipulated timelines. This disclosure is made in compliance with Regulation 30 and Regulation 51 read with Schedule III of the SEBI Listing Regulations.

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Why is ICICI Prudential Life Insurance Company Limited in the news today?

ICICI Prudential Life Insurance Company Limited (ICICIPRULI) is in the news due to the company has received an order with a significant financial demand (gst, interest, and penalty), which is a negative development.

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ICICI Prudential Life Insurance receives ₹8.5 Crore GST order, plans appeal.

December 24, 2025, 05:27 AM

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ICICI Prudential Life Insurance Company Limited has received an order under Section 73 of the Goods and Service Tax Act, 2017, from the Assistant Commissioner, Delhi, on December 23, 2025. The order pertains to the Financial Year 2022 and includes a total demand of ₹85,195,304, comprising GST of ₹47,914,154, interest of ₹32,489,735, and a penalty of ₹4,791,415. The company intends to file an appeal against this order before the Commissioner (Appeals) within the stipulated timelines. This disclosure is made in compliance with Regulation 30 and Regulation 51 read with Schedule III of the SEBI Listing Regulations.

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