Infosys says DGGI withdraws tax demand of ₹3,898 crore for FY18

Bengaluru: Infosys Ltd. said that the Directorate General of GST Intelligence (DGGI) has withdrawn tax demand of ₹3,898 crore for the financial year ended March 2018, in a partial relief for India’s second-largest software company.

This decision comes after a government official earlier told Mint that the Centre was looking at an early resolution of the ongoing tax battle, which started after Karnataka GST officials raised a ₹32,403 crore notice for unpaid taxes for services availed by the company from its overseas branches for five years between July 2017 and March 2022.