Life Insurance Corporation of India (LIC) on Tuesday said that tax authorities have issued a demand notice of Rs 101.95 crore for short payment of Goods and Services Tax (GST) over five financial years. In a regulatory filing, LIC stated that the notice includes interest and penalties for multiple states, covering the period from 2017-18 to 2021-22. The demand order is appealable before the Commissioner (Appeals), Thane, PTI reported.