The demand includes ₹1,382.52 crore in GST, ₹849.56 crore in interest, and ₹138.25 crore in penalties, with authorities alleging that the corporation claimed excess input tax credit for FY2021-24. Shares of Life Insurance Corporation of India ended lower on Wednesday, December 10, by 0.28% at ₹858.50 on the NSE.
