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    Question

    How much has been issued as  tax demand and Show Cause

    Cum Demand Notice to Bajaj Allianz General Insurance Company by the Directorate General of Goods and Services Tax Intelligence (GST) for alleged non-payment of taxes during July 2017 to March 2022?
    A Rs.998 crore Correct Answer Incorrect Answer
    B Rs.1010 crore Correct Answer Incorrect Answer
    C Rs.1100 crore Correct Answer Incorrect Answer
    D Rs.1230 crore Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The Directorate General of Goods and Services Tax Intelligence (GST) has issued a tax demand and Show Cause Cum Demand Notice to Bajaj Allianz General Insurance Company worth Rs 1,010 crore for alleged non-payment of taxes during July 2017 to March 2022.   The general insurer has not paid GST on reinsurance premium, despite receiving commissions from co-insurance companies.

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