NASSCOM urges Finance Ministry for clarity after Infosys receives Rs 32,403 crore GST notice

BENGALURU: A day after the country’s second largest IT services company Infosys received a pre-show cause notice from the Directorate General of GST Intelligence (DGGI), industry body NASSCOM has urged the Ministry of Finance to issue a circular clarifying the position so that the industry can avoid litigation risk.

Infosys received a notice from the DGGI for Rs 32,403 crore towards non-payment of GST for the period July 2017 to March 2022 towards the expenses incurred by overseas branch offices of the company. “This is an industry wide issue, and multiple companies are facing avoidable litigation, uncertainty, concerns from investors and customers”, NASSCOM said on Thursday.