Infosys Receives Major GST Notices Amid Compliance Discussions

Infosys recently received significant GST notices from authorities totaling Rs 32,403 crore for services availed from its overseas branches. The company argued against the applicability of GST on these expenses. The Directorate General of GST Intelligence closed earlier pre-show cause notice proceedings for 2017-2018 amounting to Rs 3,898 crore.

Infosys made headlines this week after receiving substantial GST notices from authorities, amounting to Rs 32,403 crore, for services availed from its overseas branches over a span of five years beginning in 2017.

On Saturday, Infosys disclosed in a BSE filing that it had received communication from the Directorate General of GST Intelligence (DGGI) closing earlier pre-show cause notice proceedings for the financial year 2017-2018, which involved Rs 3,898 crore.

The IT giant maintains that GST is not applicable to the expenses in question and adheres to all central and state tax regulations.

(With inputs from agencies.)