Infosys says it’s in full compliance after Rs 32,000 crore GST notice
By
Binu Mathew
Bengaluru-based IT services company Infosys said that it has received a pre-show cause notice from Karnataka State Goods and Services Tax (GST) authorities for the payment of GST amounting to Rs 32,403 crore.
The company, in a regulatory filing, said that the demand was towards the expenses incurred by its overseas brand offices for the period from July 2017 to March 2022.
“Infosys has paid all its GST dues and is fully in compliance with the central and state regulations on this matter,” it said.