08-June-2025
Corporate News
 
Infosys says Rs 32,403 crore GST case now closed
07-Jun-2025

Infosys on June 6 said the Rs 32,403 crore indirect tax case against it has been closed by the GST Intelligence authority. The company had earlier received a pre-show cause notice from the Director General of GST Intelligence (DGGI) alleging non-payment of Integrated GST (IGST) under the Reverse Charge Mechanism for the period between July 2017 and March 2022. In August 2024, DGGI had closed proceedings for FY 2017–18. In a fresh communication received today, Infosys said the DGGI has now also closed the matter for FY19 to FY22, marking the end of the investigation.

News Source:- https://www.moneycontrol.com/news/business/infosys-says-rs-32-403-crore-gst-case-now-closed-13103564.html