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    Question

    Reliance General Insurance Company (RGIC), a subsidiary

    of Reliance Capital Ltd, has received multiple show cause notices from the Directorate General of GST Intelligence, amounting to_______. 
    A Rs.834.11 crore Correct Answer Incorrect Answer
    B Rs.890.56 crore Correct Answer Incorrect Answer
    C Rs.910.78 crore Correct Answer Incorrect Answer
    D Rs.922.58 crore Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

      Reliance General Insurance Company (RGIC), a subsidiary of Reliance Capital Ltd, has received multiple show cause notices from the Directorate General of GST Intelligence, amounting to Rs 922.58 crore.   The company has received four notices from the DGGI demanding GST of Rs 478.84 crore, Rs 359.70 crore, Rs 78.66 crore, and Rs 5.38 crore respectively, on the revenue generated from the services like re-insurance and co-insurance.

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