Infosys gets Rs 32K crore GST notice, company says all dues already paid

BENGALURU: Infosys, the second largest IT services company in the country, has been slapped with Rs 32,403 crore GST evasion notice by the Directorate General of GST Intelligence (DGGI). The pre-show cause notice is for non-payment of GST from July 2017 to March 2022 towards expenses incurred by its overseas branch offices.

The company in a BSE filing said Karnataka State GST authorities first issued a notice. Subsequently, Infosys received a notice from DGGI. According to the notice viewed by this paper, “Infosys Ltd, Bengaluru is liable to pay IGST (Integrated Goods and Services Tax) under reverse charge mechanism on supplies received from branches located outside India to the tune of Rs 32,403.46 crores for the period 2017-18 (July 2017 onwards) to 2021-22.”