In continuation to our disclosure Ref: No: LIC/SE/2024-25/88 dated August 29, 2024, this is to inform that based on the rectification hearing held on November 14, 2024 before the Commissioner, GST, Maharashtra State, the authority has reduced the demand of Tax, Interest and Penalty for FY 2019-20vide Rectification Order passed on November 19, 2024.