HDFC Life Insurance Company Limited announced it has received a GST Order from Assistant Commissioner of State Tax, GUWAHATI - A ­- 9, Zone-A: Assam on April 29, 2024. Nature and details of the action(s) taken, initiated or order(s) passed: Nature - GST Order. Period involved - April 1, 2018 to March 31, 2019.

Tax demand - INR 1.342 million. Interest - INR 1.350 million. Penalty ?

INR 0.134 million. Details of the violation(s)/contravention(s) committed or alleged to be committed: Allegations: Short reversal of proportionate Input tax credit towards exempt supplies. Excess availment of Input tax credit due to Ineligible Input tax credit claimed.

The said order is appealable before the Appellate Authority. The Company will file its appeal within the specified period.