Tax woes: Infosys slapped with ₹32,403 crore GST demand notice

GST authorities have slapped a ₹32,403 crore notice on Infosys for services availed by the company from its overseas branches for five years starting 2017.

Infosys, in a stock exchange filing, called the notice a ‘pre-show cause’ notice and said it believes the GST is not applicable on these expenses.