Some insurers gave fake bills when quizzed on ITC: Probe
HDFC Life and ICICI Prudential Life Insurance previously told exchanges that they received GST demand notices of ₹942.18 crore and ₹492.06 crore, respectively. They plan to take legal action. HDFC Life has deposited ₹50 crore, and ICICI Prudential Life Insurance deposited ₹190 crore during the inquiry without accepting liability.