Life Insurance Corporation of India announced that it filed an appeal before Commissioner of Commercial Taxes (Appeals), Jamshedpur on May 09, 2024 against the order issued by Additional Commissioner, Central GST & Central Excise, Jamshedpur. Appeal has been filed against the order demanding GST of INR 161,62,33,898 for Fiscal Year 2018-19 & 2019-20 along with interest as applicable and penalty of INR 16,16,23,390.